“On the Impact of research and innovation: untapping the potential of openness” in EC, Europe’s Future: Open Innovation, Open Science, Open to the World. Reflections of the RISE Group

In the [first] Chapter of this book written by individual RISE experts, the focus is on the economic impact of research and innovation, a subject which has been
the topic of numerous analyses and empirical studies. Measuring that impact, let alone measuring the impact of the policy shift towards a more open research and innovation policy framework, represents, however, a quite fundamental challenge. Challenges at the level of the particular indicators used and the way current growth models incorporate open science and open innovation;
the conditions for the diffusion of knowledge and the trickling-down of efficiency gains; the differences in the national and regional absorptive capacity of knowledge,
and the incorporation of the digital transformation
affecting all sectors, while creating new on