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National framework conditions mediate the effect of technological capabilities of firms on their productivity. Although this has been recognized in the literature for a long time, a quantitative test that explicitly considers this hypothesis has been lacking. Using a World Bank datasets of about...
Persistent link: https://www.econbiz.de/10010856344
This paper investigates the interplay between social capital, innovation and economic growth in the European Union. We … identify innovation as an important mechanism that transforms social capital into economic growth. In an empirical … investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance is conducive to economic …
Persistent link: https://www.econbiz.de/10010856391
innovation output and economic growth for regions of the European Union from 1990-2002. Using several measures of social capital … and innovation, and the European Union’s Objective 1, 2 and 5b figures for EU regional support, the estimates suggest that …
Persistent link: https://www.econbiz.de/10010712117