Economics of Innovation Working Group


Innovation is central to the process of economic development and growth. Join us to study how economic actors, policies, technology and market conditions interact and evolve over time.

Dario Vazquez
Fernanda Steiner Perin



Research themes

  • Industrial policy and innovation: new designs, assessments and implementation.
  • Innovation theories: discussing classic and new approaches of innovation.
  • Industry 4.0: opportunities, threats and challenges.
  • Methods of innovation analysis: new methodologies, impact measurement and public value
  • Innovation systems: State capacity and firms’ capabilities.
  • Innovation and development
  • Financing Innovation

Research questions

  • Can industrial policy help (developing) countries face the contemporary challenges to innovation (e.g., healthcare, climate change, digitalization)?
  • How is the theory of firm’s innovation linked to the trends of global capital accumulation?
  • How could developing countries’ catching-up process be affected by Industry 4.0?
  • What is the public value of innovation? How can we switch from an economy characterized by value extraction to value creation?
  • What is the role of the State in the 21st century in terms of leading and encouraging innovation?
  • What are the role of innovation in economics and social development? How can innovation be socially inclusive?
  • What should be the priorities for public financing innovation?



Projects Planned 

  • YSI UK Hub. Meetings at IIPP/UCL, London with young scholars based in the UK.
  • Workshop YSI@LALICS: II Master Academy LALICS 2023 New approaches to innovation for sustainable. Asuncion, Paraguay
  • Workshop YSI@NACLICS: PhD Academy on Innovation, Development & Policy. Montreal, Canada.
  • Workshop YSI@SASE: Socio-economic policies in Latin America: challenges and opportunities. Rio de Janeiro, Brazil.
  • Workshop YSI@IIOA2023: Young Scholars Development Programme on Input and Output Analysis. Alghero, Italy.
  • Webinar Series with Carlota Perez: Discussion Group on Policy Experiences in Latin America & the Caribbean relating to Science, Technology, Innovation and Development (LA-STID).
  • Workshop YSI@World Bank/IMF. Special session before the World Bank/IMF annual meeting in Marrakech, Morocco.

Existing partnerships and cooperation 

  • Institute for Innovation and Public Purpose/University College London (IIPP-UCL), UK.
  • Global Network for Economics of Learning, Innovation, and Competence Building Systems (GLOBELICS).
  • Latin America’s Knowledge Systems, Innovation and Capacity Building Research Network (LALICS).
  • North America and the Caribbean Chapter of the Globelics Academy (NACLICS).
  • Center for Economic Studies on Development, National University of San Martín, Argentina (CEED-UNSAM).
  • Sant’Anna School of Advanced Studies, Italy.
  • The United Nations University – Maastricht Economic and Social Research Institute on Innovation and Technology (UNU-Merit), the Netherlands.
  • Institute of Economics/Federal University of Rio de Janeiro, Brazil.
  • Science Policy Research Unit (SPRU)/University of Sussex, UK.
  • Society for the Advancement of Socio-Economics (SASE).
  • International Schumpeter Society (ISS).
  • International Input-Output Association (IIOA).


You’re welcome to join any webinar or reading group at any time. You’re also invited to apply to present or participate in an any in-person workshop in your area. 



The latest updates and announcements, sent out to all working group members via email.
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STI and Development Policy Experiences in LAC
Dear all, We would like to invite you to our…
October 30, 2023
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Who Leads the Change? Webinar
Dear Economics of Innovation WG members, We invite you to…
October 26, 2023
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YSI Brazil Regional Meeting: 18th Forum of Economics of FGV
We are happy to invite you to participate in the…
August 11, 2023
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