Project description

Project details :

Project name

Knowledge Economy Indicators: Development of Innovative and Reliable Indicator Systems

Project Acronym:
Proposal/contract no:
EC contribution:
Project Funding:
EC officer:
Funded under:

09/2004 to 04/2008
1.58 million euro
2.14 million euro
Dr. Ian Perry (
6th FWP (Sixth Framework Programme) of  the EC

Research priority: Policy-oriented research, title 3.7 (Improved quality, accessibility and dissemination of European Statistics), tasks 1 (Development of and improvement of indicators for the knowledge economy) and 2 (Development of composite indicators of the knowledge-based economy)

Project Overview

The project ‘Knowledge Economy Indicators’ (KEI) aims to improve and develop such tools. It will examine the nature of a knowledge-based economy (KBE), the features it should have in order to boost EU competitiveness, and the types of policies needed in order to maximise its favourable impact. The main goals are to:

  • identify and evaluate indicators for measuring a KBE’s drivers, characteristics, and key outputs
  • fill gaps in the current range of useful indicators
  • develop methods for measuring progress towards set goals
  • conduct simulations, using scenarios based on different theoretical models and different policy mixes


 Contribution to policy development:

  • The project will contribute directly to the EU’s Lisbon goals
  • The output will be useful to policy-makers and economic actors in the context of European efforts to increase public and private research funding in the EU to 3% of gross domestic product (GDP)
  • KEI is designed to accommodate changing policy needs in the course of the projec