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Innovation, Democracy and Efficiency = Exploring the Innovation Puzzle within the European Union’s Regional Development Policies /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Innovation, Democracy and Efficiency/ by Francesco Grillo, Raffaella Y. Nanetti.
其他題名:	Exploring the Innovation Puzzle within the European Union’s Regional Development Policies /
作者:	Grillo, Francesco.
其他作者:	Nanetti, Raffaella Y.
面頁冊數:	XVII, 237 p.online resource. :
Contained By:	Springer Nature eBook
標題:	Development economics. -
電子資源:	https://doi.org/10.1057/9781137449665
ISBN:	9781137449665

Innovation, Democracy and Efficiency = Exploring the Innovation Puzzle within the European Union’s Regional Development Policies /
Grillo, Francesco.

Innovation, Democracy and EfficiencyExploring the Innovation Puzzle within the European Union’s Regional Development Policies /[electronic resource] :by Francesco Grillo, Raffaella Y. Nanetti. - 1st ed. 2016. - XVII, 237 p.online resource. - Palgrave Advances in Regional and Urban Economics,2662-6411. - Palgrave Advances in Regional and Urban Economics,.

Endogenous growth theory has significantly impacted most of the developing and developed countries, shifting priorities of industrial policies towards innovation. In line with this trend, the European Union significantly increased its budgetary allocation for R&D. However, statistical data show a weak correlation between R&D expenditure and the acceleration of economic growth. Regional innovation policies display divergent returns according to different institutional conditions and policy choices. Grillo and Nanetti attempt to understand the reasons that lie behind differences in performance. Their results show that better performing innovation strategies require the following factors: clear choices of locally congruent smart specialization; strong capacity of public investment to stimulate additional private investment; clear distribution of responsibilities for decision-making and independence of policy implementation from political interference; and problem solving partnerships amongst innovators, universities, and governments that pre-exist the programmes. These factors point to a relationship between democracy (defined as openness of policy-making) and innovation (as technology-enabled growth) which is explored throughout this book.

ISBN: 9781137449665

Standard No.: 10.1057/9781137449665doiSubjects--Topical Terms:

577196
Development economics.

LC Class. No.: HD72-88

Dewey Class. No.: 338.9

Innovation, Democracy and Efficiency = Exploring the Innovation Puzzle within the European Union’s Regional Development Policies /
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