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Sustainability and resilience through transformative innovation policy, at national and regional level

Author

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  • Koundouri, Phoebe
  • Schwaag Serger, Sylvia
  • Plataniotis, Angelos

Abstract

The European Green Deal (EGD), introduced in December 2019 by the European Commission as Europe’s Growth Plan, aims to make Europe climate-neutral, resource-efficient, socially inclusive, and innovative. The UN Agenda 2030 for Sustainable Development with its 17 Sustainable Development Goals (SDGs), is a pledge to eradicate poverty and achieve sustainable development on a global scale by 2030, considering three pillars of sustainable development – economic, social, and environmental. The two frameworks share common objectives, one being the need for Innovation Policies to support transformations required to address current global challenges, like the Climate Crisis and the consequences of the COVID-19 pandemic. In this paper, we describe the interdependence between innovation policy and Agenda 2030’s implementation, in line with Europe’s vision for Industry 5.0, and we demonstrate how funding mechanisms like the Next Generation EU recovery package, can support countries in becoming more resilient through Green and Digital Transformations.

Suggested Citation

  • Koundouri, Phoebe & Schwaag Serger, Sylvia & Plataniotis, Angelos, 2022. "Sustainability and resilience through transformative innovation policy, at national and regional level," MPRA Paper 122128, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:122128
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    1. Jeffrey D. Sachs & Guido Schmidt-Traub & Mariana Mazzucato & Dirk Messner & Nebojsa Nakicenovic & Johan Rockström, 2019. "Six Transformations to achieve the Sustainable Development Goals," Nature Sustainability, Nature, vol. 2(9), pages 805-814, September.
    2. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    3. Guillaume Lafortune & Grayson Fuller & Guido Schmidt-Traub & Christian Kroll, 2020. "How Is Progress towards the Sustainable Development Goals Measured? Comparing Four Approaches for the EU," Sustainability, MDPI, vol. 12(18), pages 1-24, September.
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    Cited by:

    1. Gong, Huiwen & Hassink, Robert, 2024. "Building regional (transformative) resilience by regional innovation policy?," Papers in Innovation Studies 2024/15, Lund University, CIRCLE - Centre for Innovation Research.

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    More about this item

    Keywords

    European Green Deal; Sustainable Development; UN Agenda 2030; SDGs; Innovation Policies; COVID-19; Industry 5.0; ext Generation EU recovery package; Green Transformations; Digital Transformations;
    All these keywords.

    JEL classification:

    • L0 - Industrial Organization - - General
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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