Develops an original and policy-relevant framework for analysing the way differences in institutional contexts, such as work organisation, labour markets, education and training systems, financial systems, and systems of social protection, shape learning processes and innovation performance...

The so-called "European Paradox" holdsthat European Union countries play a leading global role in terms of high-levelscientific output, but lag behind in their ability to convert this strengthinto wealth-generating innovations. This study argues that the paradox isincorrect and hence, that the...