scholarly journals The Role of Knowledge Absorption and Innovation Capability in the Technological Change and Economic Growth of EU Regions

2014 ◽  
Vol 39 (1) ◽  
pp. 51-69 ◽  
Author(s):  
Malgorzata Runiewicz-Wardyn
Keyword(s):  
Economic Growth ◽  
Technological Change ◽  
Knowledge Generation ◽  
Innovation Capability ◽  
Productivity Level ◽  
Catching Up ◽  
Eu Regions ◽  
Knowledge Absorption ◽  
The Eu

Abstract The framework of the endogenous growth models and empirical evidence argue that two dimensions determine a region's ability to narrow its technological gap and improve its productivity growth. The first is its absorptive capacity, e.g. its ability to imitate foreign advanced technologies. The second is its innovative capability, namely the extent to which it is able to produce new, advanced knowledge. Thus, the narrowing knowledge absorption and innovation gaps between regions improve a region's productivity level and move it up the value chain towards specialization in knowledge-intensive and high value-added activities. The following paper attempts to contribute to the existing empirical findings and theoretical discussion on the inter-linkages between knowledge absorption, innovation capability, determined technological change, and economic growth of EU regions. The author's results show that despite the fact that the EU has a long tradition in education and new knowledge generation, there is a very modest ability to make EU regions more productive and grow them. The important role of productivity and knowledge-based sectors in improving EU regional prosperity suggests to carefully examine which knowledge activities drive productivity and the catching-up process of the EU regions. Overall, prospects for catching up will depend largely on how regions balance higher education and R&D priorities and place emphasis on the above activities. These results may be regarded as supportive of recent EU regional policy based on the Lisbon and Europe 2020 Strategies of Smart Growth.

Availability of Infrastructure Facilities in India

2017 ◽  
pp. 143-163
Author(s):  
Soumyadip Chattopadhyay ◽  
Sampriti Pal
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Rural Areas ◽  
Strong Relationship ◽  
Publicly Funded ◽  
Enabling Environment ◽  
Catching Up ◽  
Private Financing ◽  
Government Level

It has been a well-accepted fact that there exists a strong relationship between infrastructure and economic growth. Like many other developing countries, lot of emphasis has been placed on the importance of investments in infrastructure for fostering economic growth in India. A state-wise analysis of five support infrastructure in India shows improvement in infrastructural facilities in 2014 as compared to 2007. Rural–urban gap is converging for most of the states, showing that the rural areas are catching up with their urban counterparts. However, the availability of infrastructure can be termed anything but inadequate. The infrastructural deficits can be met possibly through better management of publicly funded projects and greater role of private players. Given the resource crunch at government level, private financing of investment is simply a matter of necessity rather than a matter of choice. Therefore, this chapter argues for creation of an enabling environment and to facilitate the infusion of adequate private fund while keeping the interest of vulnerable sections in mind.

scholarly journals The Role of Innovation in Fostering Competitiveness and Economic Growth: Evidence from Developing Economies

2017 ◽  
Vol 20 (4) ◽  
pp. 65-81 ◽  
Author(s):  
Lejla Terzić
Keyword(s):  
Economic Growth ◽  
Developing Economies ◽  
Measurement Instruments ◽  
Secondary Sources ◽  
Composite Measures ◽  
Innovation Output ◽  
Per Capita ◽  
Over Time ◽  
The Eu

This paper deals with the essential features determining the role of innovation in developing economies by examining the structure of innovation measures. The economic growth and competitiveness of developing economies are powerfully connected to its innovation status. The purpose of this paper is to examine the significance of innovation in driving economic growth per capita and competitiveness in selected developing economies. In order to determine the interconnection among the variables of innovation, competitiveness, and growth, assorted methodological measurement instruments have been applied. The data were collected from both primary and secondary sources. The results suggest the importance of specific innovation dimensions for prospective economic growth in developing economies. The identical measures responsible for fragile innovation are associated to the low composite measures of innovation accomplishment. This demonstrates the enormous disparity concentrated in every innovation aspect over time, specifically in innovation output and enterprise performances between the developing economies and the EU–28 average measures. The research results indicate the usage of appropriate economic instruments in diminishing the problems that developing economies are currently dealing with. 

INTELLECTUAL PROPERTY PROTECTION, ENTREPRENEURSHIP, AND ECONOMIC GROWTH

1996 ◽  
Vol 04 (03) ◽  
pp. 267-285
Author(s):  
FRANCIS W. RUSHING ◽  
MARK A. THOMPSON
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Research And Development ◽  
Technological Change ◽  
New Technologies ◽  
Intellectual Property Protection ◽  
Economic Literature ◽  
The Third ◽  
The Impact

This paper brings together the importance of intellectual property protection (IPP) and entrepreneurship in economic growth. The paper surveys the economic literature on what factors are important to growth. The focus is on recent models of endogenous growth which reflect on the role of investment, technological change and education. Secondly, publications, which measure the impact of IPP on some of the growth elements identified are reviewed. The third section deals with IPP and the entrepreneur as an important agent and facilitator of growth. It discusses the nature of IPP as an incentive in not only stimulating the development of new technologies and processes but also the dissemination of existing technologies. Using the surveys as background, short case studies for India and Brazil are presented on IPP as a stimulus and application of research and development. The last section summarizes the previous sections and draws some conclusions with respect to policy.

scholarly journals Eu Agrarian Policy Legal Framework as a Part of the Eu Development Practice / Právny Rámec Agrárnej Politiky Eú Ako Súčasť Eú Rozvojovej Praxe

2015 ◽  
Vol 4 (2) ◽  
pp. 15-18
Author(s):  
Tomáš Malatinec
Keyword(s):  
Agricultural Policy ◽  
Legal Framework ◽  
Point Of View ◽  
Substantial Part ◽  
Agrarian Policy ◽  
Eu Regions ◽  
Development Concept ◽  
Development Practice ◽  
The Eu

Abstract EU agrarian policy is one of the most extensive policies of the EU. The aim of this paper is to analyse the EU agrarian policy legal framework from the point of view of law & development concept. Final remarks are based on an analysis of three topics: (1st) law & development concept, (2nd) agrarian policies and development, and (3rd) EU concept of development. Results show position of the EU agrarian policy legal framework in the EU development practice. The EU agrarian policy legal framework might be labelled as “law in development”. Several instruments have been implemented, but their impact on development is not unequivocal. There is no doubt about role of law in development as well as that the EU agricultural policy is core policy for development of the EU regions. Based on interconnections and justification we can argue that the EU agrarian policy legal framework is a substantial part of internal EU development concept and practice.

Methods for analysis of creative, information and knowledge-based factors in the implementation of the smart specialization model in the EU regions

2020 ◽  
pp. 153-162
Author(s):  
Taras Vasyltsiv ◽  
Olha Levytska
Keyword(s):  
Economic Growth ◽  
Methodological Approach ◽  
Regional Level ◽  
Integral Index ◽  
Knowledge Based ◽  
Eu Regions ◽  
Technological Modernization ◽  
Smart Specialization ◽  
The Impact ◽  
The Eu

The aim of the article is to study the existing and find new approaches to the analysis of creative, information and knowledge-based factors that determine social transformations and economic growth of the EU regions based on smart specialization. The methodological approaches to the assessment of the implementation of creative, information and knowledge-based factors in the economy are studied. A comparative analysis of international and regional systems for evaluating creative, information and knowledge-based factors of economic growth is made. A system of indicators of the authors’ three-vector approach (by the directions: (1) intellectualization of economy, (2) digitalization of economy and society, (3) technological modernization) to the analysis of creative, information and knowledge-based factors in the realization of the smart specialization model at a regional level are developed. The developed authors’ technique allows providing a comprehensive approach to the analysis of creative, information and knowledge-based factors in terms of the smart specialization model at the regional level. The methodology involves three groups of indicators in the areas of intellectualization, digitalization, and technological modernization. The calculation of the integral index is carried out based on the method of multidimensional weighted value taking into account the degree of the weight of indicators and sub-indices (subgroups and groups of indicators). The scientific novelty of the study is that the integral index allows making important analytical conclusions about the level of development of creative, information and knowledge-based economy, as well as the correlation of these processes with the socio-economic development of regions. The methodological approach can be implemented in domestic practice for evaluating the impact of the use of creative, information and knowledge-based factors on the development of regional economies and, accordingly, for achieving the objectives of regional smart specialization strategies.

Technological Revolutions, Structural Change, and Catching up

2021 ◽  
pp. 131-155
Author(s):  
Jan Fagerberg ◽  
Bart Verspagen
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Renewable Energy ◽  
Structural Change ◽  
Final Section ◽  
Foreign Technology ◽  
Technological Revolution ◽  
The Past ◽  
Catching Up

This chapter interprets the transition to a more sustainable type of growth as a technological revolution in progress. The chapter opens with a general discussion of the role of technological revolutions and structural change and economic growth, with special emphasis on the acquisition of foreign technology, exports, and catching-up-based growth. It then goes on to examine whether the transition to renewable energy can be seen as a technological revolution in line with the great technological revolutions of the past. The answer to this question is in the affirmative. The final section discusses the implications of this for catching-up-based growth in China and other developing countries.

Introduction

2020 ◽  
pp. 1-30
Author(s):  
B. Zorina Khan
Keyword(s):  
United States ◽  
Economic Growth ◽  
Technological Change ◽  
Knowledge Economy ◽  
The United States ◽  
Men And Women ◽  
Modern Knowledge ◽  
Wealth Of Nations

Knowledge and ideas, incentives, and institutions are central for understanding technological change and long-term economic growth. This book bridges the current disconnect between the economics of technological change and the analysis of institutions. The discussion draws on detailed information about the experience of over one hundred thousand ingenious men and women in Britain, France, and the United States, whose inventions helped to create the modern knowledge economy. These results overturn longstanding myths of invention about elites, innovation prizes, and “entrepreneurial states,” and instead highlight the pivotal role of property rights and markets in ideas in explaining technological progress and the wealth of nations.

THE ROLE OF LABOUR IN CONTEMPORARY TRENDS OF ECONOMIC GROWTH

2020 ◽  
Vol 560-561 (11-12) ◽  
pp. 2-7
Author(s):  
Leszek Kucharski ◽  
Eugeniusz Kwiatkowski
Keyword(s):  
Economic Growth ◽  
Statistical Data ◽  
Employment Growth ◽  
Gdp Growth ◽  
Empirical Basis ◽  
Eu Countries ◽  
Jobless Growth ◽  
The Eu

The purpose of the paper is to show relationships between the stock of labour and economic growth in the XXI. century, and especially to show the shares of this factor in economic growth. The empirical basis of the research is based on the statistical data for Poland and groups of the EU countries in the years 2000–2019. The research indicates the indicators of the shares of employment growth in GDP growth (the so-called absorption indicators) are in Poland much lower than in the country groups of the Eurozone, EU 15 and EU 27. Estimations of the limits of jobless growth indicate they are in Poland much lower in the years 2000–2019 than earlier, and moreover their levels are in Poland much higher than in the mentioned country groups.

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