It is often argued that high tech industries drive growth processes, and that they are the sources of growth in output, employment and productivity in the knowledge economy. This is a special case of a more general argument that economic growth is characterized by the creation of new and the...

This paper addresses a central problem for economic analysis and public policy in Europe. Should Europe focus on so-called high-technology or science-based industries in attempting to solve growth and employment problems? Or should it look to the growth prospects within the industries on which...

This paper introduces the findings of a European research project on the innovativeness of industrial 'low-tech' sectors. This research was carried out in the context of the ongoing discussion about the emerging knowledge society. We argue that innovation depends not only on industries with...

It is a general understanding that the advanced economies are currently undergoing a fundamental transformation into knowledge-based societies. There is a firm belief that this is based on the development of high-tech industries. Correspondingly, in this scenario low-tech sectors appear to be...

It is a general understanding that the advanced economies are currently undergoing a fundamental transformation into knowledge-based societies. There is a firm belief that this is based on the development of high-tech industries. Correspondingly, in this scenario low-tech sectors appear to be...