INTERNATIONAL SUMMER SCHOOL
Policies for Innovation and Growth
Monday 21 September to Friday 25 September 2009
Albergo Duomo di San Gemini (Terni, Italy)
Organizers: Istituto per la Cultura e Storia d’Impresa ‘Franco
Momigliano’ (ICSIM) and Observatoire Français des Conjonctures
Organization Committee: Mario Amendola, Jean Paul Fitoussi,
Jean-Luc Gaffard, Mario Pianta
The viability of innovation processes leading to increases in
productivity and faster growth depends mainly on the coordination of
the accumulation of physical capital and the complementary
accumulation of human capital. This will be the theme of this year’s
school, with focus on the financial and the human constraints that
hamper the required coordination (and their removal), in particular
with reference to the skill-biased technical changes that characterize
the most innovative general purpose technologies. Contrary to the
dominant policy consensus that assigns to macro (fiscal and monetary)
policies the task to set just the stable environment for micro
structural polizie to actually bring about innovation and growth, it
will be stressed that in a systemic phenomenon like innovation,
characterized by the interaction of heterogeneous economic agents,
macroeconomic policies can have structural effects and vice versa,
thus providing an altogether different policy approach to the problem.
The exposition of theories and models in the morrnings will be
followed in the afternoons by empirical studies and quantitative and
econometric analyses in order to provide the students with suitable
Theory and analysis will be backed by the results of research work
carried out within the Seventh Framework Programme of the European
Planned speakers: include, besides the members of the
Organization Committee, J. Creel, D. Delli Gatti, G. Dosi, M.
Gallegati, J. Le Cacheux, F. Saraceno and others.
Participants: The School is targeted to 25 doctoral students
and young researchers in economics and related disciplines. Works in
progress by participants will be discussed in special sessions.
Applications and deadlines: The participants will be selected
by a selection Committee on the basis of the information included in
the application form to be found at www.icsim.it.
The deadline for submission is the 30th of june 2009.
Registration and Fees: Participants will be charged 150 euro
covering registration and background material. Residence is required
for the days of the School. Meals and boarding at a residence at
Villalago will be offered by the Organizers.
Location. The School will take place in a beautiful historical
villa on a hill besides the small lake of Piediluco, 12 km from Terni
in Umbria, Italy
Further information on
(phone +39 0744 407187)
INTERNATIONAL SUMMER SCHOOL. Policies for Innovation
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