The countries of the EU have lost considerable international competitiveness in recent years. In this context, the lecture by Prof. Dr. Joel Stiebale (Heinrich Heine University) will discuss the role of innovation policy and foreign direct investment for the productivity and growth of companies and countries. The focus is on the question of how state measures to promote entrepreneurial research and development can be optimally designed. Different national strategies and the role of multinational companies will be discussed as well as possible risks, e.g. a loss of technological sovereignty.
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