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Technology Clustering: The Case of Greece

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  • Michaelides, Panayotis G.
  • Belegri-Roboli, Athena

Abstract

In the globalization era, economic research has consistently shown that innovation effects tend to be clustered. Greece is among the oldest members of the E.U., one of the laggards in productivity and competitiveness in the wider E.U. and ranks very low in attracting foreign investments. In this paper, the various sectors of economic activity in Greece have been assembled into clusters presenting similar technology and growth characteristics which have a significant influence upon the productivity and competitiveness of the economy, by applying the Cluster Analysis methodology. In this way, the twenty-one sectors of economic activity are divided into three main sectors (i.e. primary, secondary, and tertiary) which are, in general terms, consistent with the structure of the total economy. Finally, some comments are made concerning policy issues for Greece.

Suggested Citation

  • Michaelides, Panayotis G. & Belegri-Roboli, Athena, 2009. "Technology Clustering: The Case of Greece," MPRA Paper 67190, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:67190
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    References listed on IDEAS

    as
    1. Sotiris Karkalakos, 2005. "Regional Technological Differences: The Case of Southern European Union," The Journal of Technology Transfer, Springer, vol. 30(3), pages 315-326, July.
    2. Soete, Luc & Weel, Bas ter, 1999. "Innovation, Knowledge Creation and Technology Policy in Europe," Research Memorandum 001, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    3. Michael Fritsch, 2002. "Measuring the Quality of Regional Innovation Systems: A Knowledge Production Function Approach," International Regional Science Review, , vol. 25(1), pages 86-101, January.
    4. Athena Belegri-Roboli & Panayotis Michaelides, 2006. "Measuring Technological Change in Greece," The Journal of Technology Transfer, Springer, vol. 31(6), pages 663-671, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Clustering; Technology; Greece;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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