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The innovation process of European régions

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  • Lydia Greunz

Abstract

This paper aims at investigating the innovation process of European regions in taking into account potential feedback relations between university and private business research and development (R&D). After a review of the related literature, we construct a simultaneous equation model based on a knowledge production function framework. The model is tested onto an extended sample of 153 European regions and highlights that the European region's knowledge creation heavily depends on private business and university R&D efforts which, in turn, influence each other. However, the European landscape is characterised by important disparities in terms of knowledge creation capacities. Since the innovative capacity of "objective 1" regions is extremely weak, we attempt to identify by means of dummy variable estimations the specific components of the innovation process that should be fostered by an adequate S&T policy.

Suggested Citation

  • Lydia Greunz, 2002. "The innovation process of European régions," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 45(4), pages 59-94.
    • Handle: RePEc:bxr:bxrceb:y:2002:v:45:i:4:p:59-94
    Note: Special issue.
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    File URL: https://dipot.ulb.ac.be/dspace/bitstream/2013/11825/1/ber-0229.pdf
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    Citations

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    Cited by:

    1. Ornella Wanda Maietta, 2014. "Innovation Systems Research in the Italian Food Industry," CSEF Working Papers 358, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    2. Maietta, Ornella Wanda, 2015. "Determinants of university–firm R&D collaboration and its impact on innovation: A perspective from a low-tech industry," Research Policy, Elsevier, vol. 44(7), pages 1341-1359.

    More about this item

    Keywords

    Régions européennes; processus d'innovation; interactions R&D public-privée; European régions; innovation process; public-private R&D interactions;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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