This paper discusses the position of the European Union in the world economy by focussing on innovation, knowledge creation and technology policy. First, we explore and analyse the concept of knowledge and its application in a modern Schumpeterian framework. Second, we address some new insights...

This paper discusses some of the new policy challenges raised by the trend towards the knowledge based economy. It is argued that this trend signals a further weakening of old "market failure" arguments in guiding public action in the field of science, technology and innovation policy. Rather a...

Abstract not available

R&D based models relating technical change and economic growth have been unsuccessful in explaining the recent productivity paradox: R&D efforts have risen continuously in advanced countries during the postwar period whereas productivity growth has, if anything, declined. Several explanations of...

This paper goes into detail in the pattern of growth over the last thirty to forty years at the world level. A model is developed in which different aspects of technological change and their influence on growth will be outlined. This model is used in estimations for cross-country OECD-samples of...

We analyze the coherence existing among European Union competition, industry, and trade policies in the high tech sector in general terms focusing on its specific features (externalities, fast progress) and their effects on the emergence and treatment of policy consistency and conflicts. Second,...

Abstract not available