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The conference brought together academics, policy makers and companies to discuss R&D and innovation-related policy issues. It shedded light on the size and productivity effects of investment in R&D and other intangibles and examined the determinants of R&D and patenting. Moreover, questions on the financing of innovation played centre-stage, such as whether finance is different for young innovative firms and how to overcome their financing constraints. The papers presented at the conference will be published in Volume 14 (2009) of the EIB Papers.

The EIB Conference in Economics and Finance is an annual event organised by the Economic and Financial studies (EFS) division. EFS is the think-tank of the Bank. It supports the Bank’s strategic decision-making through targeted research covering diverse fields in economics and finance.