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Innovation, Democracy and Efficiency
Nanetti, Raffaella Y.; Grillo, Francesco; Cable, James; Garnett, Rhys
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Description for Innovation, Democracy and Efficiency
Hardback. Statistical data show a weak correlation between R&D expenditure and economic growth acceleration, the correlation becomes even weaker if applied to EU poorer regions. The evidence suggests that R&D programs can display different returns. This work explores the relationship between democracy, innovation and efficiency. Series: Palgrave Advances in Regional and Urban Economics. Num Pages: 237 pages, biography. BIC Classification: 1QFE; JPSN2; KCM. Category: (P) Professional & Vocational. Dimension: 216 x 140 x 16. Weight in Grams: 450.
Endogenous growth theory has significantly impacted most of the developing and developed countries, shifting priorities of industrial policies towards innovation. In line with this trend, the European Union significantly increased its budgetary allocation for R&D. However, statistical data show a weak correlation between R&D expenditure and the acceleration of economic growth. Regional innovation policies display divergent returns according to different institutional conditions and policy choices.
Grillo and Nanetti attempt to understand the reasons that lie behind differences in performance. Their results show that better performing innovation strategies require the following factors: clear choices of locally congruent smart specialization; strong ... Read more
Endogenous growth theory has significantly impacted most of the developing and developed countries, shifting priorities of industrial policies towards innovation. In line with this trend, the European Union significantly increased its budgetary allocation for R&D. However, statistical data show a weak correlation between R&D expenditure and the acceleration of economic growth. Regional innovation policies display divergent returns according to different institutional conditions and policy choices.
Grillo and Nanetti attempt to understand the reasons that lie behind differences in performance. Their results show that better performing innovation strategies require the following factors: clear choices of locally congruent smart specialization; strong ... Read more
Product Details
Format
Hardback
Publication date
2016
Publisher
Palgrave Macmillan United Kingdom
Number of pages
237
Condition
New
Series
Palgrave Advances in Regional and Urban Economics
Number of Pages
237
Place of Publication
Basingstoke, United Kingdom
ISBN
9781137449658
SKU
V9781137449658
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Nanetti, Raffaella Y.; Grillo, Francesco; Cable, James; Garnett, Rhys
Francesco Grillo is advisor to Italy's Minister for Education, Universities and Research on national innovation policies and is affiliated with the Scuola Superiore Sant'Anna, Pisa, Italy. He obtained his PhD in Political Economy at the London School of Economics, UK. He is Managing Director of Vision & Value (consulting firm), and advises the European Commission on innovation and smart specialization. ... Read more
Reviews for Innovation, Democracy and Efficiency
Newspaper reading is in decline, but people are more informed. Revolutions are led through Facebook. Citizens and stakeholders in the EU regions also demand to be part of the conversation when shaping the future. To find out how this works, read Grillo and Nanetti's thought provoking insight on democratic participation in setting EU innovation policies in this new brave world.' ... Read more