Suchergebnisse

Economic complexity offers a potentially powerful paradigm to understand key societal issues and challenges of our time. The underlying idea is that growth, development, technological change, income inequality, spatial disparities, and resilience are the visible outcomes of hidden systemic interactions. The study of economic complexity seeks to understand the structure of these interactions and how they shape various socioeconomic processes. This emerging field relies heavily on big data and machine learning techniques. This brief introduction to economic complexity has three aims. The first is to summarize key theoretical foundations and principles of economic complexity. The second is to briefly review the tools and metrics developed in the economic complexity literature that exploit information encoded in the structure of the economy to find new empirical patterns. The final aim is to highlight the insights from economic complexity to improve prediction and political decision-making. Institutions including the World Bank, the European Commission, the World Economic Forum, the OECD, and a range of national and regional organizations have begun to embrace the principles of economic complexity and its analytical framework. We discuss policy implications of this field, in particular the usefulness of building recommendation systems for major public investment decisions in a complex world.

This ESIR Focus Paper provides a 'deeper dive' into the role of European Universities in achieving systemic change in the post-pandemic economy and society. It builds on and complements ESIR's second Policy Brief, which offers guidance on how a 'protect-prepare-transform' approach in the post-pandemic Europe can ensure fast learning from innovation by relying on smart and coherent policies, collaborative efforts across levels of government and decentralisation of governance, and most importantly the courage to direct research and innovation at the transformations Europe is facing.

Publication metadata ESIR is a high-level expert group that provides evidence-based policy advice to the European Commission on how to develop a forward-looking and transformative research and innovation policy. This will help drive Europe's transition to full sustainability. In this publication, ESIR offers guidance on how a 'protect-prepare-transform' approach can ensure fast learning from innovation by relying on smart and coherent policies, collaborative efforts across levels of government and decentralisation of governance, and most importantly the courage to direct research and innovation at the transformations Europe is facing.

This ESIR Focus Paper provides a 'deeper dive' into the role of nations, regions and cities as vectors for systemic change in the post-pandemic economy and society. It builds on and complements ESIR's second Policy Brief, which offers guidance on how a 'protect-prepare-transform' approach in the post-pandemic Europe can ensure fast learning from innovation by relying on smart and coherent policies, collaborative efforts across levels of government and decentralisation of governance, and most importantly the courage to direct research and innovation at the transformations Europe is facing.