IGNITING INNOVATION Public Disclosure Authorized

Total Page:16

File Type:pdf, Size:1020Kb

IGNITING INNOVATION Public Disclosure Authorized Public Disclosure Authorized IGNITING INNOVATION Public Disclosure Authorized Rethinking the Role of Government in Emerging Europe Public Disclosure Authorized and Central Asia Itzhak Goldberg John Gabriel Goddard Smita Kuriakose Public Disclosure Authorized Jean-Louis Racine This report is part of a series undertaken by the Europe and Central Asia Region of the World Bank. Earlier reports have investigated poverty, jobs, trade, migration, demography, and productivity growth. The series covers the following countries: Albania Lithuania Armenia Macedonia, FYR Azerbaijan Moldova Belarus Montenegro Bosnia and Herzegovina Poland Bulgaria Romania Croatia Russian Federation Czech Republic Serbia Estonia Slovak Republic Georgia Slovenia Hungary Tajikistan Kazakhstan Turkey Kosovo Turkmenistan Kyrgyz Republic Ukraine Latvia Uzbekistan IGNITING INNOVATION IGNITING INNOVATION Rethinking the Role of Government in Emerging Europe and Central Asia Itzhak Goldberg John Gabriel Goddard Smita Kuriakose Jean-Louis Racine Europe and Central Asia Region ©2011 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org All rights reserved 1 2 3 4 14 13 12 11 This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The findings, interpretations, and conclusions expressed in this volume do not neces- sarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judge- ment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development / The World Bank encourages dissemination of its work and will normally grant permis- sion to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete infor- mation to the Copyright Clearance Center Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; tele- phone: 978-750-8400; fax: 978-750-4470; Internet: www.copyright.com. All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2422; e-mail: [email protected]. ISBN: 978-0-8213-8740-5 e-ISBN: 978-0-8213-8741-2 DOI: 10.1596/978-0-8213-8740-5 Cover illustration & design: Romain Falloux Cover image of Sputnik-1: NASA/Asif A. Siddiqi Library of Congress Cataloging-in-Publication Data Igniting innovation : rethinking the role of government in emerging Europe and Central Asia / Itzhak Goldberg ... [et al.]. p. cm. Includes bibliographical references. ISBN 978-0-8213-8740-5 (alk. paper) ISBN 978-0-8213-8741-2 (e-ISBN) 1. Research, Industrial—Economic aspects. 2. Endowment of research—Europe. 3. Endowment of research—Asia. 4. Government spending policy. I. Goldberg, Itzhak. HC79.R4I38 2011 338’.064094—dc23 2011024386 Contents Foreword ix Acknowledgments xiii Contributors xv Abbreviations xvii Overview 1 Why innovation matters 4 Acquiring technology from abroad 9 Connecting research to firms 12 Restructuring options for RDIs 14 Bringing innovations to market 14 1. Why innovation matters—and what the government should do about it 19 The rationale for innovation 26 Coping with spillovers 28 Coping with unequal information and the “funding gap” 30 Why the government should play a role 33 2. Acquiring technology from abroad—leveraging the resources of foreign investors and inventors 39 Cross-border knowledge flows 42 Acquiring foreign technology 54 How well do ECA firms absorb knowledge? 62 Case study: The role of FDI in helping Serbia acquire technology 69 v vi Contents 3. Connecting research to firms—options for reforming the public RDIs 81 Incomplete restructuring of RDIs 83 RDIs outside ECA 85 A snapshot of RDIs in ECA 91 Government funding and governance 100 A roster of obstacles 106 A proposed RDI reform strategy 110 Options for restructuring RDIs 112 Options for public funding to support RDI reforms 115 Case Study: Finland’s shift to a knowledge-based economy: The Role of TEKES 118 4. Bringing innovations to market—boosting private incentives through public instruments 123 Basic principles of instrument design 125 Basic types of instruments 131 Financial instruments for ECA 135 Institutional support instruments 144 Monitoring and evaluation 148 Conclusion 151 Case study: How Israel has promoted innovation in recent decades 152 References 157 Boxes 1 Demystifying innovation and absorption 5 2 Poland at a crossroads: Expanding from technology absorption to broader meanings of innovation 6 1.1 Defining innovation and absorption 21 2.1 A snapshot of coinvention in Poland 53 3.1 Restructuring of RDIs faces important legacy challenges 109 4.1 Catalyzing private sector innovation in Turkey through an improved institutional environment and financial instruments 127 4.2 Using grants and loans for innovation support in Croatia 132 4.3 Do matching grants for industrial R&D help the Israeli economy? 138 4.4 Armenia’s efforts at enterprise incubation 144 Contents vii Figures 1 ECA’s R&D efficiency is still low 8 2 ECA needs to boost its R&D spending 8 3 The expanding role of international coinvention in the ECA 7 10 4 A call for policy reforms and capacity building 13 1.1 ECA needs to boost its R&D spending 23 1.2 ECA’s researcher population is unevenly distributed 24 1.3 ECA’s R&D efficiency is still low 25 1.4 Corporate ventures and the government play a key role in the early stages 32 2.1 Innovation and absorption spur growth and productivity 41 2.2 ECA inventive activity on the rise 44 2.3 Hungary and the Czech Republic lead the ECA patents race 45 2.4 Russian Federation’s patent share could be even bigger given its size and scientific strength 46 2.5 EU12 losing its edge on China and India 47 2.6 The expanding role of international coinvention in the ECA 7 48 2.7 Germany dominates ECA coinventions 49 2.8 Expanding role of international coinventions in the Russian Federation 50 2.9 Revenue and employment trends pre- and post-acquisition 72 3.1 Number of annual publications per RDI staff 97 3.2 R&D and technical services to industry mostly marginal compared with public funds 98 3.3 Some ECA RDIs generate as much industry revenue as international benchmarks, but this is not the norm 99 3.4 SMEs could make greater use of RDIs 100 3.5 A bias toward a few types of funding sources 101 3.6 Too few private sector board directors 103 3.7 RDIs’ salaries not attractive enough 106 3.8 Chain of events leading to ineffective RDIs 108 3.9 Factors affecting RDI performance 108 3.10 RDI restructuring strategies 111 3.11 RDI reform decision tree 112 3.12 The less the government funding, the more market pull dominates 116 3.13 Finland’s business sector is sharply stepping up its R&D 119 3.14 Finland’s successful innovation environment 120 viii Contents Tables 2.1 Top generators of Russia-based U.S. patents 51 2.2 Openness is better: Link between international interconnectedness and technology absorption 65 3.1 A massive overhaul of RDIs in the 1990s 84 3.2 A successful strategy typically reflects market needs 88 3.3 Foreign comparator RDIs vary in size and ownership 93 3.4 Specializations of the RDIs in the ECA sample 94 3.5 Restructuring options for ECA RDIs 113 Foreword Innovation and technology absorption are now firmly recognized as one of the main sources of economic growth for emerging and advanced economies alike. That is why igniting the latent potential of the innova- tion systems in Europe and Central Asia (ECA) is seen as a possible cata- lyst for revitalizing the economies after the recent shocks of the global financial and economic crisis. More active government intervention to support innovation is being weighed as a tool to transform failing indus- tries, develop new industries, and speed up a recovery process of export- oriented industries. Even for countries lucky enough to have substantial natural resources, there is a pressing need to move up the value chain and diversify their economies to mitigate future price shocks. Is there a role for government intervention to ignite innovation in ECA? This is the central question to which this book responds. The answer is yes, but a qualified yes. Innovation activities are rife with mar- ket failures that tend to hold back private investment. Yet at the same time badly designed or badly implemented interventions can further hamper the development of an innovative and entrepreneurial culture among businesses and research communities. The new evidence mar- shaled by this book coincides with a growing academic literature that shows that interventions will lead to firm-level productivity and sustain- able growth under certain conditions—domestic competition, interna- tional trade flows, research and development (R&D) collaboration, worker mobility, foreign direct investment (FDI), and good governance and transparency in the innovation agencies. For ECA, a first step in revitalizing its economies will be absorbing global technology through trade, FDI, or licensing. But given that this process is not guaranteed or cost free, firms and countries will need to invest in developing their absorptive capacity. The good news is that ix x Foreword there is a tradition of excellence in learning and basic research in many ECA countries that provides the base for future commercial innovation.
Recommended publications
  • Capitalism and Society
    Capitalism and Society Volume 3, Issue 3 2008 Article 2 The Many Contributions of Edmund Phelps: American Economic Association Luncheon Speech Honoring the 2006 Nobel Laureate in Economics James J. Heckman∗ ∗University of Chicago; Geary Institute, University College Dublin; and the American Bar Foundation Copyright c 2008 The Berkeley Electronic Press. All rights reserved. Heckman: The Many Contributions of Edmund Phelps The following speech was given at the American Economic Association Annual Meetings, New Orleans, January 5, 2008. This draft was revised August 14, 2008. This research was supported by the American Bar Foundation and the Geary Institute, University College Dublin. Throughout his career, Ned Phelps has made fundamental contributions to growth theory, macroeconomics, public finance and social welfare theory that deserved the high recognition accorded by the Nobel Prize committee in October, 2006. He is one of the most original thinkers in economics. The citation issued when Phelps was made a Distinguished Fellow of the American Economic Association still speaks for the community of economists today: The collection of papers from a conference that he organized, Microeconomic Foundations, pushed questions about theoretical foundations to the front of the research agenda and changed forever our notion of what constitutes an acceptable macroeconomic theory... Throughout his career Phelps has been willing to step outside of the existing analytical framework and rethink the basic issues... He continues to push theorists and policy makers to rethink their analysis of expectations, inflation, and unemployment and to set a high standard for what it means to be an economic theorist. (American Economic Association 2001) Phelps’s output of original concepts, models and theorems has been vast.
    [Show full text]
  • Arnold Heertje (1934–2020) Eigenzinnige Econoom Die Niet Reproduceerbaar Is
    IN MEMORIAM Arnold Heertje (1934–2020) Eigenzinnige econoom die niet reproduceerbaar is p 4 april overleed Arnold Heer- Heertje heeft voor zijn werk een aan- tje. Met hem is er een markant, tal onderscheidingen ontvangen, zoals scherpzinnig, eigenzinnig en de Grote Stapenning van de Universiteit Obetrokken econoom heengegaan, die van Amsterdam, het Erelidmaatschap van grote bijdragen heeft geleverd aan de de Koninklijke Vereniging voor de Staat- naoorlogse economiebeoefening, het huishoudkunde, het Lidmaatschap van de economie onderwijs en het economische Koninklijke Nederlandse Akademie van debat in Nederland. Wetenschappen en de Pierson Penning. Bovendien is hij onderscheiden als Ridder “Ik voel ook wel dat ik moet deëscaleren. in de Orde van de Nederlandse Leeuw. Gas terugnemen. Maar ik heb ontzetten­ de moeite om als het ware niets van me te Wetenschappelijk oeuvre laten horen. Een neiging om voortdurend Het wetenschappelijke oeuvre van Arnold je visitekaartje af te willen geven. Ik wil het Heertje omvat bijdragen op het gebied gezegd hebben, ja ik wil het gezégd hebben.” (Heertje, 1975) van monopolie en oligopolie, technologische ontwikkeling, de welvaartsanalyse, de informele economie en de economi- “Ik heb niet teveel gezegd.” (Heertje, 2006) sche geschiedenis. Levensloop en onderwijs Oligopolie Heertje werd op 19 februari 1934 in Breda geboren in een Heertje was in Nederland een van de eerste economen die joods gezin. In de oorlog moest hij onderduiken bij commu- in zijn proefschrift een wiskundig-economische benadering nistische en gereformeerde families. Die oorlogservaringen gebruikte om verschillende vragen rond oligopolies te beant- hebben hun sporen nagelaten in zijn hele latere leven en werk. woorden (Heertje, 1960a). In navolging van de door Heertje Na zijn hbs B ging Heertje in 1951 economie studeren aan bewonderde Samuelson (Samuelson, 1947), brak hij met de de Universiteit van Amsterdam.
    [Show full text]
  • CURRICULUM VITAE of OLIVER E. WILLIAMSON May 2013 PRESENT
    CURRICULUM VITAE OF OLIVER E. WILLIAMSON May 2013 PRESENT POSITION Professor of the Graduate School and Edgar F. Kaiser Professor Emeritus of Business, Economics and Law, University of California, Berkeley. EDUCATION S.B., Massachusetts Institute of Technology, 1955 M.B.A., Stanford University, 1960 Ph.D., Carnegie-Mellon University (Economics), 1963 AWARDS, PRIZES, AND FELLOWSHIPS Honorary Societies Fellow, The Berkeley Fellows, 2013 Nobel Laureate in the Economic Sciences, 2009. Fellow, American Academy of Political and Social Science, 1997. Member, National Academy of Sciences, 1995. Fellow, American Academy of Arts and Sciences, 1983. Fellow, Econometrics Society, 1977. 1 Prizes Grande Cruz, awarded by the Congress of Peru, 2011. Nobel Laureate in Economic Sciences, 2009. Horst Claus Recktenwald Prize in Economics, 2004. 1983 Prize for Distinguished Scholarship in Law and Economics, Miami University. Ford Foundation Dissertation Prize, 1963. Honorary Degrees Docteur Honoris Causa, University of Paris-Dauphine, 2012. Honorary Doctor of Economics and Organization, Carnegie-Mellon University, 2011. Honorary Professor, Tsinghua University, SEM, 2010. Doctoris Honoris Causa in Economics, Nice University, 2005. Doctoris Honoris Causa in Economics, Valencia University, 2004. Doctoris Honoris Causa in Economics, University of Chile, 2000. Honorary Doctorate in Economics and Business Administration, Copenhagen Business School, 2000. Doctoris Honoris Causa, Groupe HEC (Paris), 1997. Doctoris Honoris Causa in Business Administration, St. Petersburg University, Russia, 1997. Doctoris Honoris Causa in Economics, Turku School of Economics and Business Administration, 1995. Doctoris Honoris Causa in Economic Science, Groningen University, 1989. Doctoris Honoris Causa in Economic Science, Hochschule St. Gallen, 1987. Oeconomiae Doctorem Honoris Causa, Ph.D., Norwegian School of Economics and Business Administration, Jubilee Celebration, 1986.
    [Show full text]
  • Judging the Netherlands: Restitution Process, 1997-2000 Process, Restitution
    Manfred Gerstenfeld Manfred Gerstenfeld has done a masterful job of describing the more than sixty-year In the last years of the twentieth century, cycle that began with the Nazis’ destruction of Dutch Jewry, and then continued the many shortcomings of the postwar with the woefully inadequate immediate postwar efforts by the Dutch government Dutch Holocaust restitution became a at restitution of property, insurance claims, and other attempts to compensate Dutch major issue in the Dutch public debate. Holocaust survivors and families of victims. This book deals mainly, however, with The internationally publicized failures the belated but generally successful Dutch effort, in the last years of the twentieth of the Swiss banks regarding dormant Joel Fishman century and early part of the twenty-first century, to rectify the past deficiencies bank accounts from the war period and set a positive example of how governments can try to provide belated, although prompted investigations elsewhere as imperfect, justice, and to try to rectify in some small way the pain of their citizens Judging the Netherlands: the Judging well, including in the Netherlands. Copyright : stemming from wartime in general and the Shoah in particular. A further stimulus came when many Ambassador Stuart E. Eizenstat, Former U.S. Deputy Secretary of the Treasury; index cards of the Dutch looting bank Dr. Manfred Gerstenfeld is chairman of from the foreword Judging the LIRO, listing the stolen possessions of the Board of Fellows of the Jerusalem individual Jews, were found abandoned Center for Public Affairs. He has been in an Amsterdam attic. an international business strategist This book deals with the restitution of Jewish property that was looted during World Reports of the commissions of inquiry for forty years.
    [Show full text]
  • Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis
    IZA DP No. 2568 Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis Bernard M.S. van Praag DISCUSSION PAPER SERIES DISCUSSION PAPER January 2007 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis Bernard M.S. van Praag SCHOLAR, University of Amsterdam, DIW Berlin, CESifo and IZA Discussion Paper No. 2568 January 2007 IZA P.O. Box 7240 53072 Bonn Germany Phone: +49-228-3894-0 Fax: +49-228-3894-180 E-mail: [email protected] Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit company supported by Deutsche Post World Net. The center is associated with the University of Bonn and offers a stimulating research environment through its research networks, research support, and visitors and doctoral programs. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. IZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author.
    [Show full text]
  • Microeconomics of Saving
    BCN IC hPBRS COMMISSNil OF THE EUROPEAil COMMUI{ITIES DIRECTORATE.GETTERAL FON ECOiIOMIC AiID FII{AI{CIAL AFFAIRS Number 89 December 1991 Microeconomics of Saving Barbara Kauffmann* Internal Paper "Economic Papers" are written by the Sfaff of the Directorate- General for Economic and Financial Affairs, or by experts working in assOciation with them. The "Papers" are intended to increase awareness of the technical work being done by the staff and to seek comments and suggestions for f urther analyses. They may not be quoted without authorisation. Views expressed represent exclusivety the posifions of the author and do not necessa rily correspond with fhose of the Commission of the European Communities. Comments and enquiries should be addressed to: The Directorate-General for Economic and Financial Affairs, Commission of the European Communities, 200, rue de la Loi 1049 Brussels, Belgium i I l ECONOMIC PAPERS Number89 December 1991 Microeconomics of Saving Barbara Kauffmann* Internal Paper * I would like to thank Arnold Heertje, Franco Modigliani, Javier Santillan, Stefan Sinn, Patrick Steimer,­ and Marian Kane for helpful comments and Pierre Baut. Ierotheos Papadopoulos, and Piet van Zeeland for technical assistance. 11/548/91/-EN This paper exists in English only CONTENTS Summary Page 1. Introduction 1 2. Saving for Old Age 2.1. The life cycle hypothesis of saving 3 2.2. Population structure 4 2.3. Social security 6 3. The Return on Saving 3.1. The real interest rate 9 3.2. Taxes 11 3.3. Tax exemptions and saving incentives 13 4. Changes in Wealth and Income 4.1. Inflation 15 4.2.
    [Show full text]
  • Arnold Heertje, ‘Echte Economie
    Echte economie Arnold Heertje, ‘Echte economie. Een verhandeling over schaarste en welvaart en over het geloof in leermeesters en lernen’ Valkhof Pers, Nijmegen 2006 (Annalen van het Thijmgenootschap, afl. 94.4) annalen van het thijmgenootschap jaargang 94 (2006), aflevering 4 Onder redactie van de wetenschappelijke raad prof.dr. Edith H.L. Brugmans (voorzitter) drs. Karin I.H. Pasman-de Roo (red.-secretaris) Leden dr. Christina Bode mr.dr. Martin A.J.M. Buijsen dr. Luca Consoli drs. Caspar R.J. Govaart prof.dr. Rolf Hoekstra prof.dr. Eelke de Jong dr. Vincent G.H.J. Kirkels prof.dr. Palmyre M.F. Oomen prof.dr. Jan W.M. Osse prof.dr. Gerard Wiegers prof.dr. Hub A.E. Zwart Redactiesecretariaat Houtstraat 58, 6343 BL Klimmen e-mail: [email protected] www.thijmgenootschap.nl Arnold Heertje, ‘Echte economie. Een verhandeling over schaarste en welvaart en over het geloof in leermeesters en lernen’ Valkhof Pers, Nijmegen 2006 (Annalen van het Thijmgenootschap, afl. 94.4) Arnold Heertje Echte economie Een verhandeling over schaarste en welvaart en over het geloof in leermeesters en lernen thij me ssay Uitgeverij Valkhof Pers Arnold Heertje, ‘Echte economie. Een verhandeling over schaarste en welvaart en over het geloof in leermeesters en lernen’ Valkhof Pers, Nijmegen 2006 (Annalen van het Thijmgenootschap, afl. 94.4) Het Thijmgenootschap, vereniging voor wetenschap en levensbe- schouwing, is opgericht in 1904 en draagt sinds 1947 de huidige naam, geïnspireerd op J.A. Alberdingk Thijm, literator, kunstkenner en cul- tuurdrager. Deze vereniging van christelijke intellectuelen zet zich in voor wetenschappelijke publicaties met een actueel, levensbeschou- welijk accent.
    [Show full text]
  • CURRICULUM VITAE Edmund S. Phelps Department of Economics
    CURRICULUM VITAE Edmund S. Phelps Department of Economics Center on Capitalism and Society Columbia University Columbia University 1022 International Affairs Building 1126 International Affairs Building Mail Code 3308 Mail Code 3334 th th 420 West 118 ​ St 420 West 118 ​ St ​ ​ New York, NY 10027 New York, NY 10027 Phone: 1 (212) 851-0260 Email: [email protected] Born: July 26, 1933; Evanston, Illinois, U.S.A., Citizenship: USA. Education: Ph.D., 1959, Yale University; B.A., 1955, Amherst College. SHORT BIOGRAPHY Edmund Phelps, the winner of the 2006 Nobel Prize in Economics, is Director of the Center on Capitalism and Society at Columbia University. Born in 1933, he spent his childhood in Chicago and, from age six, grew up in Hastings-on Hudson, N.Y. He attended public schools, earned his B.A. from Amherst (1955) and got his Ph.D. at Yale (1959). After a stint at RAND, he held positions at Yale and its Cowles Foundation (1960 - 1966), a professorship at Penn and finally at Columbia in 1971. He has written books on growth, unemployment theory, recessions, stagnation, inclusion, rewarding work, dynamism, indigenous innovation and the good economy. His work can be seen as a lifelong project to put “people as we know them” into economic theory. In the mid-‘60s to the early ‘80s, beginning with the “Phelps volume,” Microeconomic Foundations of Employment and Inflation Theory (1970), he pointed out that workers, customers and companies must make many decisions without full or current information; and they improvise by forming expectations to fill in for the missing information.
    [Show full text]
  • 3 ESB, Te Verschijnen
    ESB, te verschijnen 3 IN MEMORIAM (1934–2020) In memoriam Arnold Heertje p 4 april overleed Arnold Heer- Heertje heeft voor zijn werk een aantal tje. Met hem is er een markant, onderscheidingen ontvangen, zoals de scherpzinnig, eigenzinnig en Grote Stapenning van de Universiteit Obetrokken econoom heengegaan, die gro- van Amsterdam, het Erelidmaatschap van te bijdragen heeft geleverd aan de naoor- de Koninklijke Vereniging voor de Staat- logse economiebeoefening, het econo- huishoudkunde, het Lidmaatschap van de mieonderwijs en het economische debat Koninklijke Nederlandse Akademie van in Nederland. Wetenschappen en de Pierson Penning. Bovendien is hij onderscheiden als Ridder “Ik voel ook wel dat ik moet deëscaleren. in de Orde van de Nederlandse Leeuw. Gas terugnemen. Maar ik heb ontzetten- Het wetenschappelijke oeuvre van Arnold de moeite om als het ware niets van me te Heertje omvat bijdragen op het gebied laten horen. Een neiging om voortdurend van monopolie en oligopolie, technolo- je visitekaartje af te willen geven. Ik wil het gische ontwikkeling, de welvaartsanalyse, gezegd hebben, ja ik wil het gezégd hebben.” (Heertje, 1975) de informele economie en de economische geschiedenis. “Ik heb niet teveel gezegd.” (Heertje, 2006) Oligopolie Heertje was in Nederland een van de eerste economen die Levensloop en onderwijs in zijn proefschrift een wiskundig-economische benadering Heertje werd op 19 februari 1934 in Breda geboren in een gebruikte om verschillende vragen rond oligopolies te beant- joods gezin. In de oorlog moest hij onderduiken bij commu- woorden (Heertje, 1960a). In navolging van de door Heertje nistische en gereformeerde families. Die oorlogservaringen bewonderde Samuelson (Samuelson, 1947), brak hij met de hebben hun sporen nagelaten in zijn hele latere leven en werk.
    [Show full text]
  • Rick Van Der Ploeg » Curriculum Vitae Rick Van Der Ploeg
    26/2/2021 Rick van der Ploeg » Curriculum Vitae Rick van der Ploeg Research Web Site Curriculum Vitae CURRICULUM VITAE Frederick (Rick) van der Ploeg Department of Economics, University of Oxford, OX1 3UQ, U.K. Email: [email protected], Website: www.rickvanderploeg.com CURRENT POSITIONS Professor of Economics, Department of Economics, University of Oxford (2008-..). Research Director of the Oxford Centre for the Analysis of Resource Rich Economies (2008-..). University Professor in Environmental Economics (part-time), University of Amsterdam (2020-..). RESEARCH INTERESTS Macroeconomics, public economics, international economics, development, political economy. Natural resources, climate. EDUCATION 1977-81: Ph.D. Engineering, University of Cambridge and King’s College, Cambridge. 1974-77: B.Sc., First Class Honours, University of Sussex. AWARDS AND HONOURS 2014: Member of the Academia Europaea. 2011-16: Co-Investigator, Advanced Grant for ‘Combating Climate Change: The Political Economy of Green Paradoxes’, European Research Council. With C. Withagen. 2010: Corresponding Member of the Royal Netherlands Academy of Arts and Sciences (KNAW). 2009: Member of the Royal Holland Society of Sciences and Humanities. 2004: Fellow of European Economic Association. 2003: Mr. N.G. Pierson Penning for Contributions to Economics. 2002: Knight in the Order of Orange-Nassau, Netherlands. 2002: Cosmic Lifetime Achievement Award for promotion of cultural diversity in the Netherlands. https://rickvanderploeg.com/?page_id=7 1/11 26/2/2021
    [Show full text]
  • Towards a Politics of Restraint Public Choice Theory in the Dutch Labour Party of the 1970S1
    Towards a Politics of Restraint Public Choice Theory in the Dutch Labour Party of the 1970s1 Thomas Kayzel tseg 18 (1): 53–78 doi: 10.18352/tseg.1198 Abstract Public choice theory, an analysis of politics based on economic principles, is often considered to be one of the major innovations in economics and political sciences in the second half of the twentieth century. In its formulation by James Buchanan and Gordon Tullock, public choice is commonly understood as one of the major theoretical building blocks in the development of neoliberal thought. It was also re- markably popular with economists and political scientists within the Dutch Labour Party (Partij van de Arbeid) in the mid-1970s. This latter fact is surprising since public choice was seemingly at odds with the Keynesian ideas around which the Labour Party had built its economic policy. This article investigates why and how public choice became popular in the Labour Party. In understanding the popularity of this theory, I will argue, it is important to see the popularity of neoliberal ideas not only in reaction to the economic tribulation of the period but also as a discussion on social planning and an expression of discontent with the democratization move- ment. Since the rise of neoliberalism in Dutch policymaking is often understood as coming from liberal and conservative channels, studying public choice within the Labour party will shed new light on the development of neoliberalism in the Nether lands. 1 The author wants to thank the editors of this special issue, Bram Mellink, Matthias van Rossum and Merijn Oudenampsen for their elaborate comments on multiple versions of this article and encourage- ment.
    [Show full text]
  • Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics van Praag, Bernard M. S. Working Paper Perspectives from the happiness literature and the role of new instruments for policy analysis CESifo Working Paper, No. 1912 Provided in Cooperation with: Ifo Institute – Leibniz Institute for Economic Research at the University of Munich Suggested Citation: van Praag, Bernard M. S. (2007) : Perspectives from the happiness literature and the role of new instruments for policy analysis, CESifo Working Paper, No. 1912, Center for Economic Studies and ifo Institute (CESifo), Munich This Version is available at: http://hdl.handle.net/10419/25957 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. www.econstor.eu PERSPECTIVES FROM THE HAPPINESS LITERATURE AND THE ROLE OF NEW INSTRUMENTS FOR POLICY ANALYSIS BERNARD M.
    [Show full text]