Innovation, Democracy and Efficiency

Exploring the Innovation Puzzle Within the European Union's Regional Development Policies

Autor: Francesco Grillo, Raffaella Y. Nanetti

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Legare: Copertă tare

Editura: PALGRAVE MACMILLAN

Disponibilitate: În depozitul extern

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The impact of endogenous growth theory was particularly large on the European Commission when it was...

Informații despre carte

Autor

Francesco Grillo, Raffaella Y. Nanetti

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2016

Pagini

237

EAN

9781137449658

ISBN

1137449659

Enbook ID

09489671

Editura

PALGRAVE MACMILLAN

Greutate

4238

Dimensiuni

140 x 216 x 22

Descriere completă

The impact of endogenous growth theory was particularly large on the European Commission when it was decided to drastically increase the share of structural funds into Research & Development. However, statistical data show a weak correlation between R&D expenditure and economic growth acceleration: R&D programs can display different returns. Grillo and Nanetti attempt to better understand the reasons that lie behind these differences. The result is that better performing innovation strategies are associated to: a more concentrated allocation of available resources and a higher capability of the initial public investments to stimulate further private investments; a clearer distribution of responsibilities for decision making over structural funds programs and independence from policy making; a presence of partnerships amongst business, universities, government and public opinions that pre-exist the implementation of the programs. These conditions can be referred to the relationship between democracy and innovation, which the work explores. The analysis is carried out through case studies that compare similar OB 1 programs in regions that were similarly endowed as far as R&D assets at the beginning of the 2000 - 2006 programming period.

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Innovation, Democracy and Efficiency

Exploring the Innovation Puzzle Within the European Union's Regional Development Policies

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