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Can innovation lead the economy out of the crisis?

Birkbeck Centre for Innovation Management,
Birkbeck University of London

Tuesday 13 March 2012 10am to 5pm

Keynote speakers: Professors Andrew Tylecote, University of Sheffield, Daniele Archibugi, Birkbeck College and Andrea Filippetti, Italian National Research Council.

The Workshop, also on the ground of fresh evidence, explored which companies are trying to sustain their business activities through innovation. Academics, policy advisers and business managers participated in the event.

Can innovation lead the economy out of the crisis?

The economic landscape since the 2008 financial crisis has been characterized by a huge plunge in demand and international trade, a generalised worsening of credit conditions on financial markets, an unprecedented intervention of governments and central banks, as well as a growing uncertainty about the future direction of technological change and profit opportunities. Much less attention has been paid to another question: who will lead us out of the crisis? Who are the brave companies innovating also against the stream? A new recovery will need new products and new industries, and they will need in turn to be based on invention and innovation. What has been the effect of the economic crisis on product and process innovations? Do companies become more or less reluctant to risk bringing artefacts and merchandise to markets and investing in exploring new fields?

10.00 – 10.15

Welcome Address and Introduction to the Workshop

Professor Helen Lawton Smith, Birkbeck, University of London

10.15 – 11.00

Presentation by Professor Andrew Tylecote, The University of Sheffield  - An Ill Wind: How the On-coming Climate Disaster Will Rescue the Demand Side by Changing the Direction of Technological Development”

11.00 – 11.30

Presentation by Professor Daniele Archibugi, Italian National Research Council - Creative Destruction or Technological Accumulation? In Search of a New Economic Leadership”

11.30 – 11.45

Coffee/Tea Break

11.45 – 12.15

Presentation by Keith Smith, UK Department for Business, Innovation and Skills- "Finance and Innovation in the UK Innovation and Research Strategy"

12.15 – 12.45

Presentation by Dr. Marion Frenz, Birkbeck, University of London - “The Effect of the Financial Crisis on Patterns of Innovation Investment in Europe. An Analysis of Innobarometer”



13.00 – 14.15

Buffet Lunch

14.15 – 14.45

Presentation by Dr Maria Savona, SPRU, University of Sussex - What Hampers Innovation? Revealed Barriers Versus Deterring Barriers".

14.45 – 15.15

Presentation by Andrea Filippetti, Italian National Research CouncilWho dare to innovate During the Crisis: A Firm-Level Analysis in the UK”

15.15 – 15.30


15.30 – 15.45

Coffee/Tea Break

15.45- 16.30

Round Table Discussion – chaired by Professor Daniele Archibugi

Professor DanieleArchibugi, Professor Andrew Tylecote, Dr Keith Smith and Dr Marion Frenz

Dr Ray Lambert and Dr Maria Savona

Professor DanieleArchibugi and Dr Andrea Filippetti

Professor DanieleArchibugi, Professor Suma Athreye

Francesca Bria and Dr Carlo Milana

Dr Elena Kosmopoulou, Professor DanieleArchibugi and Mahmood Hajli.


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