Titlebook: Globalization of the Economy, Unemployment and Innovation; Structural Change, S Paul J. J. Welfens Book 1999 Springer-Verlag Berlin Heidelb

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Globalization of the Economy, Unemployment and Innovation978-3-642-58467-1

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Introduction,net have established a new type of interdependency among OECD countries and many newly industrializing countries. Diffusion of technological progress will gain importance as the telecommunication networks and the internet, respectively, provide new opportunities for spatial diffusion of knowledge.

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Book 1999e. In this new asymmetric world economy the EU is facing a dynamic and flexible US system which takes advantage of the global quest for foreign direct investment. Innovation policies in the EU - in particular in Germany - are found to be rather inadequate. There are also new theoretical challenges w

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ion has intensified since the 1980s and created faster channels of international interdependence and an accelerating technology race. In this new asymmetric world economy the EU is facing a dynamic and flexible US system which takes advantage of the global quest for foreign direct investment. Innova

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https://doi.org/10.1007/978-3-540-71113-1re product differentiation and intensified process innovations. R&D expenditures are thus increasing worldwide. At the same time the end of the Cold War has led to a slight reduction in public R&D in the largest countries - mainly at the expense of military R&D.

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Economic Globalization,re product differentiation and intensified process innovations. R&D expenditures are thus increasing worldwide. At the same time the end of the Cold War has led to a slight reduction in public R&D in the largest countries - mainly at the expense of military R&D.

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R. A. S. Blackie,J. Drinkwater,S. Hartto observe new technologies in leading OECD countries and to tap the global innovation pool. Hence EU firms’ weak presence with foreign direct investment (FDI) in Japan and elsewhere in Asia could undermine EU competitiveness in the long term. This holds the more the presence of MNCs facilitates exports from the parent company.