Innovation and Regional Growth in the European Union by Riccardo Crescenzi,Andrés Rodríguez-Pose

By Riccardo Crescenzi,Andrés Rodríguez-Pose

This ebook investigates the EU’s neighborhood development dynamics and, particularly, the explanations why peripheral and socio-economically deprived parts have repeatedly did not meet up with the remainder of the Union. It exhibits that the aptitude of the knowledge-based development version to bring its anticipated advantages to those components crucially relies on tackling a particular set of socio-institutional components which prevents innovation from being successfully translated into monetary development. The booklet takes an eclectic method of the territorial genesis of innovation and nearby development by means of combining diverse theoretical strands into one version of empirical research overlaying the entire EU-25. An in-depth comparative research with the U.S. is usually incorporated, supplying major insights into the special beneficial properties of the ecu means of innovation and its territorial determinants. The facts produced within the publication is greatly utilized to the research of european improvement policies.

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