George M. Korres - Böcker

One of the most important economic events in recent decades has been the ongoing process of European integration. This book provides a basic yet rigorous understanding of the current issues and problems of economic integration and innovation in Europe, and argues that national or regional economic development depends mainly on technical change, social and human capital, and knowledge creation and diffusion. This is clearly evident in the role of the quadruple innovation helix of government, university, industry and civil society.Uniquely, the book examines the many aspects and consequences of the integration process that are obscure or as yet under-researched. The authors explore a wide range of topics, methodologies and perspectives in order to provide a stimulating and wide-ranging analysis.The Innovation Union in Europe will be of interest to students, economic theorists, empirical and social scientists, and policy makers as well as the informed general reader.Contributors: E.G. Carayannis, U. Gråsjö, C. Karlsson, A. Kokkinou, G.M. Korres, A. Lagendijk, A.O. Nakamura, L.I. Nakamura, M. Nakamura, K. Varró, P. Warda

Technological change is not only a determinant of growth but is also a pivotal factor in international competition and the modernization of an economy. In one of the most in-depth and detailed studies of its kind, George Korres analyzes the macroeconomic and the microeconomic factors influencing the economics of innovation and the economic relations between technology, innovation, knowledge and productivity. In particular, this book examines both the theoretical framework and the applications for empirical results. This second edition contributes updated figures and estimations for technical change from EU member states and features new subjects, including growth models, productivity models, production function models and non-parametric models. In one of the most in-depth and detailed studies of its kind, this book captures all the existing contemporary techniques in the theoretical fields as well as the empirical applications of the models.

Economic integration is one of the most noteworthy issues in international economic policy at the end of the twentieth century. The recent examples of the European Union (EU) and the North American Free Trade Association (NAFTA) have raised important questions about the economic integration process and the possible establishment of economic unions in other parts of the world.  Against the backdrop of the financial crisis in Europe and prospects of increasing integration in Asia, this volume showcases research from an international array of researchers to provide a basic understanding of the current issues, problems, challenges, and opportunities for achieving integration, addressing both empirical and theoretical aspects of such topics as monetary union, social policy reform and social union, public finance and technology policy.  The chapters in Part 1 are focused primarily on economic issues, while Part 2 covers on social policy, the welfare state, and political reforms, with a particular emphasis on the European Union.  Among the questions addressed:What are the main determinants and implications for socio-economic integration?How can economic policy influence the growth and integration process?Why is innovation important for regional economic development?What has been the policy response so far and what lessons have we learned from it?And finally, what are our action lines for the future?

Economic integration is one of the most noteworthy issues in international economic policy at the end of the twentieth century. The recent examples of the European Union (EU) and the North American Free Trade Association (NAFTA) have raised important questions about the economic integration process and the possible establishment of economic unions in other parts of the world.  Against the backdrop of the financial crisis in Europe and prospects of increasing integration in Asia, this volume showcases research from an international array of researchers to provide a basic understanding of the current issues, problems, challenges, and opportunities for achieving integration, addressing both empirical and theoretical aspects of such topics as monetary union, social policy reform and social union, public finance and technology policy.  The chapters in Part 1 are focused primarily on economic issues, while Part 2 covers on social policy, the welfare state, and political reforms, with a particular emphasis on the European Union.  Among the questions addressed:What are the main determinants and implications for socio-economic integration?How can economic policy influence the growth and integration process?Why is innovation important for regional economic development?What has been the policy response so far and what lessons have we learned from it?And finally, what are our action lines for the future?

Technological change is not only a determinant of growth but is also a pivotal factor in international competition and the modernization of an economy. In one of the most in-depth and detailed studies of its kind, George Korres analyzes the macroeconomic and the microeconomic factors influencing the economics of innovation and the economic relations between technology, innovation, knowledge and productivity. In particular, this book examines both the theoretical framework and the applications for empirical results. This second edition contributes updated figures and estimations for technical change from EU member states and features new subjects, including growth models, productivity models, production function models and non-parametric models. In one of the most in-depth and detailed studies of its kind, this book captures all the existing contemporary techniques in the theoretical fields as well as the empirical applications of the models.

Europe suffers from an inadequate capacity to transform scientific and technolo- cal knowledge into business opportunities […] A strong collective effort will be needed in the area of innovation […] To make any real impact on the unemployment problem and the future of forthcoming generations, macroeconomic policies must be backed up by an equally far-sighted range of microeconomic measures […] This range of measures must above all include an extra special effort in the area of training of all types of human resources, of stepping up investment in - search and development and the development of an information society […]. (Romano Prodi, Former President European Commission) There is considerable empirical evidence that investment in Research and Technological Development and Innovation (RTD&I) has a positive cor- lation with the level of economic development. Efforts in the area of RTD&I have been associated in the economic literature with higher growth rates, increases in exports and trade, gains in productivity, growth in income and output, bigger business profits and lower inflation, inter- tional competitiveness, etc. Innovation must apply to all aspects of the activity of a firm (markets, products, processes and services). In this sense, the concept of innovation embraces research and development, technology and training as well as marketing, design and quality, finance, logistics and not least the business management required to mesh these various functions together efficiently.