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Regional Differences in the Conditions of Technological Progress in Europe

Author

Listed:
  • Csugány Julianna

    (Eszterházy Károly University, Faculty of Economics and Social Sciences, Institute of Economics, Eger, Hungary)

  • Tánczos Tamás

    (Eszterházy Károly University, Faculty of Economics and Social Sciences, Institute of Economics, Eger, Hungary)

Abstract

The spatial structure of the world is unequal, centres and peripheries alternate. There are significant social and development differences between countries in the world, but there is also an unequal development within the countries. The main purpose of the regional policy is to reduce spatial inequalities by catching up the underdeveloped areas. Nowadays, in the era of the Fourth Industrial Revolution, technological progress creates possibilities for developing regions to catch up, because new technologies require new skills that are less dependent on factor endowments of countries. Most economies are unable to create new technologies because they do not have the appropriate resources or their institutional environment does not favour innovation. However, technological progress can also be observed in these countries by adopting and applying new technologies effectively. This research aims to illustrate the regional differences in the conditions of technological progress in Europe, using multivariate statistical methods. Based on the European Regional Competitiveness Index, the research question to be analysed is whether new technologies may be able to decrease spatial differences. We compare the European regions in the field of innovation in order to highlight the critical areas that can promote or prevent the reduction of inequalities.

Suggested Citation

  • Csugány Julianna & Tánczos Tamás, 2020. "Regional Differences in the Conditions of Technological Progress in Europe," Naše gospodarstvo/Our economy, Sciendo, vol. 66(1), pages 1-12, March.
    • Handle: RePEc:vrs:ngooec:v:66:y:2020:i:1:p:1-12:n:1
    DOI: 10.2478/ngoe-2020-0001
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    References listed on IDEAS

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    More about this item

    Keywords

    regional differences in Europe; technological progress; innovation leaders; innovation followers;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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