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Titlebook: Innovation, Democracy and Efficiency; Exploring the Innova Francesco Grillo,Raffaella Y. Nanetti Book 2016 The Editor(s) (if applicable) an

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书目名称Innovation, Democracy and Efficiency
副标题Exploring the Innova
编辑Francesco Grillo,Raffaella Y. Nanetti
视频video
丛书名称Palgrave Advances in Regional and Urban Economics
图书封面Titlebook: Innovation, Democracy and Efficiency; Exploring the Innova Francesco Grillo,Raffaella Y. Nanetti Book 2016 The Editor(s) (if applicable) an
描述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 capacity of public investment to stimulate additional private investment; clear distribution of responsibilities for decision-making and independence of policy implementation from political interference; and problem solving partnerships amongst innovators, universities, and governments that pre-exist the programmes. These factors point to a relationship between democracy (defined as openness of policy-making) and innovation (as technolog
出版日期Book 2016
关键词Innovation; European Funds; ESF; ERDF; R&D Programmes; R&D investments; R&D policies; city; democracy; develo
版次1
doihttps://doi.org/10.1057/9781137449665
isbn_ebook978-1-137-44966-5Series ISSN 2662-6411 Series E-ISSN 2662-642X
issn_series 2662-6411
copyrightThe Editor(s) (if applicable) and The Author(s) 2016
The information of publication is updating

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Book 2016 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 di
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Regional Case Studies and Institutional Settings,ntative institutions are legitimized to exercise power. Rather, democracy means the conception and creation of the modalities to engage knowledge creators and holders that are best suited for territorial communities of states and their regions and localities, and without which innovation can be neither initiated nor sustained.
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