Economic progress and welfare depend in the long run on innovation, productivity, and employment. The digital revolution and the energy transition are an opportunity for Spanish society, but also a considerable challenge.
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How would a digital euro work? What value would it bring when today I can already pay/charge for everything using my mobile, apps and favorite sites? Would it entail risks? So far these simple questions have not met straightforward answers, but they have sparked an extensive economic, political and technological debate.
Speaking at South Summit 2021, held in Madrid from October 5 to 7, Jorge Sicilia argued that innovation and entrepreneurship are key to healthy economic growth and enhanced well-being.
This report evaluates the state of R&D in Spain and anaylzes the factors that hinder innovation. The implementation of the necessary reforms is essential for Spain to achieve its R&D objectives and increase its potential growth.
We analyze the effects of innovation on social welfare in a sample of 35 OECD countries from 1960 to 2017. The results suggest that the effects of innovation on social welfare are statistically significant and economically relevant. The estimat…
A recent European Commission report highlights the relevance of research and innovation policies are playing to lead two of the largest challenges that we are embarking upon globally: (social, environmental and economic) sustainability and digitization.
The transformation toward the new digital economy, characterized by mobile Internet access and the use of the cloud, has resulted in lower investment in ICT capital goods and increased access to this technology through pay-to-use services.
The rise of the New Digital Economy is altering the dynamics of economic growth. Using cloud computing services fosters productivity and innovation by providing flexibility and scalability. It is a shift from owning ICT assets to purchasing ICT…
Since the invention of the steam engine at the end of the eighteenth century, technological innovation has been the main source of growth in developed economies. In particular, it is the key reason why today’s average Spanish worker earns eight…
Peru lags behind other Latin American countries in the development of innovation. This situation partly reflects inadequate institutional development and a lack of coordination between the actors involved (public sector, private sector and rese…
We have developed a China Vulnerability Sentiment Index using Big Data. The CVSI index allows us to track the 4 different vulnerability components: SOEs, Shadow Banking, Housing Bubble & FX speculative.
Transformations in banking as a result of the new digital age are challenging financial regulation and supervision. Benefits and risks from the transformation of financial services. The European Banking Authority’s approach to FinTech. Among other issues.