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Europe's 2020 - innovation and creative capability of the Baltic Sea Region

Author

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  • Wedemeier, Jan
  • Kruse, Mirko

Abstract

The ongoing structural change towards the service and knowledge societies, innovations, and the increasing integration of markets will have considerable influence on the European Union, particularly on the Eastern members of EU. In March 2010, the European Commission released the Europe-2020 strategy, which shall push the EU to be the smartest and most competitive region in the world. Among the European Union members, the Baltic Sea countries are effective in bringing up innovative cluster solutions, cooperation between science and business. Innovations are crucial for further economic development and prosperity. However, the innovation headline indicators are ambitiously defined targets of the Europe-2020 strategy. The paper at hand analyses and highlights the innovation and creative capability within the Europe 2020 strategy framework.

Suggested Citation

  • Wedemeier, Jan & Kruse, Mirko, 2018. "Europe's 2020 - innovation and creative capability of the Baltic Sea Region," HWWI Policy Papers 108, Hamburg Institute of International Economics (HWWI).
    • Handle: RePEc:zbw:hwwipp:108
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    File URL: https://www.econstor.eu/bitstream/10419/180370/1/102570858X.pdf
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    Cited by:

    1. Mirko Kruse & Melanie Mesloh & Jan Wedemeier, 2022. "Smart Specialisation and Resilience: How Future-Proof are European Regions?," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 16(1), pages 34-50, JUNE.

    More about this item

    Keywords

    innovation; Baltic Sea Region; Europe 2020; creative sector;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • Z1 - Other Special Topics - - Cultural Economics

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