Future events

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Research Training: Bridging the Gap between Technological Change and Economic Modeling
When: 18-19 October 2018
Where: Centre for European Economic Research (ZEW), Mannheim 

The training school will introduce participants to new methods and tools to assess the impact of public research on innovation, productivity growth and unemployment. Our focus is on a new generation of Dynamic Stochastic General Equilibrium (DSGE) models, developed within the framework of the project.
Stay tuned for updates. For more information, please visit the event webpage.

Lunchtime debate
When: 17 October 2018
Where: The Representation of the State of Baden-Württemberg to the European Union, Brussels

In the context of the proposed Horizon Europe Programme, the discussion will focus on the impact of R&I in Europe. How to define the right targets in the light of the 2030 agenda? And what funding approaches are promising? Which factors facilitate the diffusion of knowledge across all economic agents to innovate and sustain economic growth at the European level? The empirical basis for the Lunch Debate will be findings from the FRAME project which develops a toolkit to better assess the economic impact of R&I in Europe.
More information will be available soon on the FRAME website. 

Second FRAME Research Workshop
When: 15-16 October 2018
Where: Lund University, Lund

The workshop will be a good opportunity to discuss the preliminary results of the projects with fellow academics and gather their feedback. It will provide a platform to present relevant research in the field of innovation policies and macromodeling. 
Stay tuned for updates. More information will be available soon. 

Impact of Research and Innovation Policy at the Crossroads of Policy Design, Implementation and Evaluation
When: 5-6 November 2018
Where: Vienna, Austria
This event is organised in cooperation with the Austrian Presidency of the Council of the European Union and it is the largest conference in Europe, focused on R&I policy evaluation. The FRAME team is happy to announce that Maikel Pellens will have the opportunity to discuss the impact of the Fraunhofer Society, Germany's leading applied research organisation, on growth and productivity of the firms. 
More information is available on the event webpage. 

Past events

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FRAME Policy Conference on the Role of Public Research in Innovation

The two project teams met to discuss the progress up to date and the key features of the models, developed under FRAME and MONROE.  The project results were introduced to representatives of the European Commission Research Units – Joint Research Centres and Directorate Units.
For FRAME, Mario Giarda summarized the key assumptions behind the baseline model and its related policy implications, while Torben Schubert analysed the strategies developed within FRAME to provide the most accurate calibrated parameters.
Tom Holden presented the MONROE approach to assessing the impact of innovation across sectors and countries. 

Fourth International ZEW Conference on the Dynamics of Entrepreneurship (CoDE), 20 June 2018, Mannheim
The event discussed recent scientific contributions on the interdependencies between finance, human capital, and innovation and investment activities of young firms, as well as on public policies which promote these activities.
Christian Fons-Rosen from the FRAME team gave a talk on a new understanding of innovation policies at the macro level. Maikel Pellens discussed the impact of the Fraunhofer Society on private firm performance, while Tom Schmitz presented "A new measure of total factor productivity growth for European countries". For more details, please check the conference programme. 

Second BETA-ZEW Workshop, 18-19 June 2018, Mannheim
During this Franco-German joint workshop, Maikel Pellens again had the opportunity to present the main outcomes of the FRAME Work Package 6. The event programme is available here. 

Research Highlights

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The FRAME baseline model (WP1) was presented at the Midterm Policy Conference in Mannheim by Mario Giarda. The model will also be the main focus of the upcoming Research Training in Mannheim. 

Prof Diego Comin gave a talk at the University of Chicago, Department of Economics and presented his paper “Structural transformations with long-run income and price effects”.
The paper is based on the work done under WP 2: "Development of a Multi-sector Extension of the Baseline Model". The authors present a new multi-sector growth model that features nonhomothetic, constant-elasticity-of-substitution preferences, and accommodates long-run demand and supply drivers of structural change for an arbitrary number of sectors. 

A working paper was produced under WP 6: "Estimations of Key Elasticities in the Models". The paper is co-authored by Diego Comin, Georg Licht, Maikel Pellens and Torben Schubert and its title is "Do Companies Benefit from Public Research Organizations? The Impact of the Fraunhofer Society in Germany".

Based on the paper, CEPR published a Vox EU column: Publicly funded applied research pays off: The effects of the Fraunhofer-Gesellschaft on firm performance. The authors provide the first empirical evidence on how the Fraunhofer-Gesellschaft, the world's largest applied research organisation, affects the performance of collaborating firms. More information is available here.