Luc Laeven

Luc Laeven, an economist at the European Central Bank and CEPR, discusses China’s remarkable rise in academic research, revealing how it has evolved from a knowledge consumer to a global leader in just two decades. He delves into the implications of China's strategic reforms initiated in 2006, contrasting their centralized research model with Western practices. The conversation highlights the surging quality and quantity of Chinese research, the challenges of measuring impact, and examines how Europe can revamp its funding strategies to compete in this new landscape.