UCL Institute for Innovation and Public Purpose


Ilan Strauss

Ilan Strauss is a Senior Research Associate at the UCL Institute for Innovation and Public Purpose (IIPP).


Dr. Ilan Strauss is a senior research associate at UCL’s Institute for Innovation and Public Purpose (London), where he leads the digital economy research team with Mariana Mazzucato (principal investigator) and Tim O’Reilly – funded by the Omidyar Network. His work investigates new theories of harm and competition in digital markets, with an emphasis on Big Tech’s digital platforms and ecosystems. Ilan is also the receipt of an Economic Security Project grant (jointly with Dr. Jangho Yang) looking at the role of acquisitions in Big Tech attaining dominance in artificial intelligence (AI) innovation.

llan is a Visiting Associate Professor at the University of Johannesburg, South Africa (industrial policy). Previously, he taught macroeconomics at Rice University (Jones Graduate School of Business) and at New York University (Division of Applied Undergraduate Studies). Ilan has consulted for Airfinity (London), UNCTAD (Investment Division), the African Development Bank (AfDB), UNIDO, the ILO, and the Southern African Development Community (SADC).

Ilan holds a Ph.D in economics from the New School for Social Research (New York) and an MSc in economics from SOAS (University of London, First Class). For recent information see:

Research summary

Ilan specializes in the theory and empirics of digital multi-sided platforms, innovation and patents, firm-level data, capital investment demand, and Bayesian modelling

Selected publications


Strauss, I. (2021). "2019 Trends in FDI Flows and Policy", in Lisa Sachs and Lise Johnson (eds). Yearbook on International Investment Law and Policy 2019. Oxford University Press. March 2021. https://131e9909-08a6-4615-a320-8807c4b06804.filesusr.com/ugd/d7c748_8e5...

Strauss, I. (2017). "Explaining Global Trends in FDI in 2015 and Beyond", in Lisa Sachs and Lise Johnson (eds). Yearbook on International Investment Law and Policy 2015-2016 . Oxford University Press. November 2017. http://ccsi.columbia.edu/files/2014/03/YB-2015-16-Front-matter.pdf

Journal articles

Mazzucato, M., Strauss, I., O’Reilly, T., and Ryan-Collins, J. (2022). ‘Regulating Big Tech: The role of enhanced disclosures’. Oxford Review of Economic Policy: Special Issue on Trade. Forthcoming 2022.

Strauss, I. and Yang, J. (2021). ‘Slowing Investment Rates in Developing Economies: Evidence from a Bayesian hierarchical model’. International Review of Financial Analysis. Volume 77, October 2021. Online: https://www.sciencedirect.com/science/article/abs/pii/S1057521921001769 

Strauss, I. and Yang, J. (2022 – Under Review). ‘Corporate Secular Stagnation: Firm-level evidence on the advanced economy investment slowdown. International Review of Economics and Finance.

Strauss, I. and Yang, J. (2021). "Slowing Investment Rates in Developing Economies: Evidence from a Bayesian hierarchical model". International Review of Financial Economics. August 2021. Forthcoming.

Strauss, I., Isaacs, G. and Rosenberg, J. (2021). "The Effect of Shocks to GDP on Employment in SADC Member States during the COVID-19 Pandemic using a Bayesian Hierarchical Model". African Development Review, 05 May 2021. https://doi.org/10.1111/1467-8268.12524

Strauss, I., Isaacs, G. and Rosenberg, J. (2021). "How has Covid-19 Impacted Labour Markets in SADC Member States? Evidence from combining novel high-frequency data and other sources". African Development Review, 05 May 2021. https://doi.org/10.1111/1467-8268.12528

Strauss, I. (2017). "Understanding South Africa's Current Account Deficit: The role of foreign direct investment income", Transnational Corporations (UNCTAD), Volume 23, Number 2. http://unctad.org/en/PublicationsLibrary/diaeia2016d1_en.pdf

Academic working papers

Strauss, I., Isaacs, G., Rosenberg, J., and Passoni, P. (2020). The impacts from a COVID-19 shock to South Africa's economy and labour market. ILO Rapid Country Assessment: South Africa, August 2020. International Labour Office. http://ilo.org/emppolicy/pubs/WCMS_754443/lang--en/index.htm?shared_from...

Strauss, I. and Yang, J. (2020). Corporate Secular Stagnation: Empirical Evidence on the Advanced Economy Investment Slowdown. INET Oxford Working Paper No. 2019-16, 22 July 2020. https://www.inet.ox.ac.uk/files/Paper_1___Advanced_Economy_Investment_Ra...

Strauss, I., Isaacs, G., and Capaldo, J. (2017). The Impact of Minimum Wage Increases on the South African Economy in the Global Policy Model. ILO Research Paper No. 20, October 2017. International Labour Office. http://www.ilo.org/global/research/publications/papers/WCMS_593076/lang-...

Policy briefs

Strauss, I. and Mavroedi, V. (2017). How India can Benefit from FDI: lessons from China. Columbia FDI Perspectives, No. 194 February 27, 2017. Columbia University. http://ccsi.columbia.edu/files/2016/10/No-194-Strauss-and-Mavroeidi-FINA...

Kruger, R., and Strauss, I. (2015). Africa Rising Out of Itself: the growth of intra-African FDI. Columbia FDI Perspectives, N.139, January 19 2015, Columbia University. http://ccsi.columbia.edu/files/2013/10/No-139-Kr\%C3\%BCger-and-Strauss-FINAL.pdf