Universität Bielefeld

Center for
Mathematical
Economics

Innovation-fuelled, Sustainable, Inclusive Growth (ISIGrowth)

Funding: European Commission
Members: Herbert DAWID, Anna ZAHARIEVA (only IMW Members listed)
Duration: 2015 - 2018

Description:

The main goal of ISIGrowth is twofold. First, it will provide novel and comprehensive diagnostics of the relationships between innovation, employment dynamics and growth in an increasingly globalized and financialised world economy. Second, on the grounds of such diagnostics, it will elaborate policy scenarios and we will deliver a coherent policy toolkit to achieve the Europe 2020 objectives of smart, sustainable and inclusive growth.

The project we will employ (i) state-of-the-art econometric techniques combining rich micro, industry, market-, regional and country level data together with 'theory-informed' historical case studies of key industry actors in particular sectors; (ii) network approach to study the possible dynamics that are crucial to growth (e.g. mitigating financialisation and deindustrialisation, fostering innovation and sustainable development); (iii) formal but empirically-grounded models as laboratories for policy analysis exploring the conditions under which smart and sustainable growth can be achieved by different combinations of innovation, industry, fiscal and monetary policies.