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Europe's missing yollies

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  • Reinhilde Veugelers

Abstract

In this Policy Brief, Bruegel Senior Fellow Reinhilde Veugelers and Michele Cincera, Professor at ULB, draw our attention to young leading innovators ('yollies'). They explain why the European Union's business research and development deficit, relative to the United States, can be attributed to the EU having fewer yollies, especially those that are less R&D intensive. This paper raises important and timely questions about the EU's innovation policy. The authors argue why policy makers should pay attention to the heterogeneity across young sectors and design sector-specific measures to boost innovation and growth in the EU.

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  • Reinhilde Veugelers, 2010. "Europe's missing yollies," Policy Briefs 448, Bruegel.
    • Handle: RePEc:bre:polbrf:448
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    File URL: http://www.bruegel.org/uploads/tx_btbbreugel/PB-RVMC_Yollies_27082010_01.pdf
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