This book is about the design of European research policy. It tells the story of how the 7th Framework Programme for Research and Development came to be and looks at its expected impacts. With its detailed analysis of the factors and actors, political constraints and opportunities, societal...

Estimating the economic returns to public science investments has been a key topic in economics. However, while in particular microeconomic approaches have been proposed, only a few studies have tried estimating the macroeconomic effects of public science investments. In this paper, we propose a...