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Economics CAGE Research Centre

Modelling an Evolving Economy workshop a brilliant success

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Modelling an Evolving Economy workshop a brilliant success

Tuesday 11 Oct 2022
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CAGE was pleased to partner with the Digital Catapult, Economic Statistics Centre of Excellence and NESTA on the workshop Modelling an Evolving Economy: using new methods to measure structural economic change and inform policy on Friday 7 October 2022.

Hosted by the Digital Catapult at its Euston Road offices, the workshop brought together policymakers, academics and analysts working at the coal face of investigating new data sources and methods that can enhance our ability to inform policy and decision making.

Delegates on a break in a kitchen type area with a glass wall at the Modelling an Evolving Economy Workshop Delegates stood in a kitchen area talking in groups at the Modelling an Evolving Economy Workshop

Keynotes were delivered by Mercedes Delgado (Copenhagen Business School, MIT Innovation Initiative and Institute for Strategy and Competitiveness at Harvard Business School) who presented her research on Regional Resilience in Today’s Evolving Economy and J. Doyne Farmer (Institute for New Economic Thinking, Oxford) whose talk explored How Complexity Economics can Give us Guidance in an Evolving Economy. Delegates also had the opportunity to discuss presentations by Juan Mateos-Garcia (Nesta and ESCoE), Hyejin Youn (Northwestern) and Caroline Paunov (OECD) amongst others. While the closing panel featured Cosmina Dorobantu (The Alan Turing Institute), Grant Fitzner (Office for National Statistics), Stian Westlake (Royal Statistical Society) and was chaired by Rebecca Riley (ESCoE and King’s College London).

Photograph of Delgado Mercedes presenting. She is a middle aged white woman and stands in front of a lectern with a screen next to her and a view of the top of St Pancras station behind her  Photograph of Doyne J. Farmer a white man in late middle age with a long beard, presenting from a lectern on a stage with a glass window behind him Photograph of the panel at the Modelling an Evolving Economy workshop. Panel consists of 2 white middle men and 2 white middle aged women, sat on a stage beside a lectern and a screen, with a glass window and view of St. Pancras Station behind

CAGE Director Mirko Draca played a key role in putting together the programme and hosting the workshop, as well as presenting his research on Measuring Exploration and Exploitation Patterns in Technological Innovation.

Picture of Mirko Draca presenting at the Modelling an Evolving Economy workshop overlooking St Pancras Station on the Euston Road. He is a white man with long dark hair in his 40s

The event was booked with 70 registered in-person delegates, and many more joining virtually.

Recordings of the workshop have been published by the Economic Statistics Centre of Excellence.

Mirko Draca said:

"Thanks to all participants and our collaborators at Digital Catapult, ESCoE, and NESTA for a great day"

"This event showcased CAGE's ability to innovate when it comes to research formats. Post-Covid, events need to be carefully curated and display good intellectual taste. I think we pulled that off and I look forward to our next wave of events".