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Knowledge drives the growth of nations and regions in a competitive space-economy. Hence, we would expect a strong correlation between investments in R&D, knowledge and learning processes, on the one hand, and productivity increases, on the other. However, the empirical evidence shows consistent...
Persistent link: https://www.econbiz.de/10011378339
This paper presents conceptual and empirical reasons for moving from a thematically-regionally neutral innovation policy to a thematically and regionally focused innovation policy, in line with the smart specialization approach of the new cohesion policy framework. The paper starts by claiming...
Persistent link: https://www.econbiz.de/10011521601
Knowledge drives the growth of nations and regions in a competitive space-economy. Hence, we would expect a strong correlation between investments in R&D, knowledge and learning processes, on the one hand, and productivity increases, on the other. However, the empirical evidence shows consistent...
Persistent link: https://www.econbiz.de/10013157460
Persistent link: https://www.econbiz.de/10012652913
By applying the smile curve concept to regional value added growth rather than to levels, the paper claims that local value-added growth increases when a region is specialised in scarce natural resources or scarce human skills within a GVC. Under these circumstances, in fact, the region can...
Persistent link: https://www.econbiz.de/10014632715