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035   $a(DE-He213)978-1-137-44966-5
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100   $a20160210d2016      u|         0
101 0 $aeng
135   $aurnn|008mamaa
181   $ctxt
182   $cc
183   $acr
200 10$aInnovation, Democracy and Efficiency $eExploring the Innovation Puzzle within the European Union?s Regional Development Policies /$fby Francesco Grillo, Raffaella Y. Nanetti
205   $a1st ed. 2016.
210  1$aLondon :$cPalgrave Macmillan UK :$cImprint: Palgrave Macmillan,$d2016.
215   $a1 online resource (XVII, 237 p.) 
225 1 $aPalgrave Advances in Regional and Urban Economics,$x2662-642X
300   $aBibliographic Level Mode of Issuance: Monograph
311 08$a9781349563500 
311 08$a1349563501 
311 08$a9781137449658 
311 08$a1137449659 
320   $aIncludes bibliographical references and index.
330   $aEndogenous growth theory has significantly impacted most of the developing and developed countries, shifting priorities of industrial policies towards innovation. In line with this trend, the European Union significantly increased its budgetary allocation for R&D. However, statistical data show a weak correlation between R&D expenditure and the acceleration of economic growth. Regional innovation policies display divergent returns according to different institutional conditions and policy choices. Grillo and Nanetti attempt to understand the reasons that lie behind differences in performance. Their results show that better performing innovation strategies require the following factors: clear choices of locally congruent smart specialization; strong capacity of public investment to stimulate additional private investment; clear distribution of responsibilities for decision-making and independence of policy implementation from political interference; and problem solving partnerships amongst innovators, universities, and governments that pre-exist the programmes. These factors point to a relationship between democracy (defined as openness of policy-making) and innovation (as technology-enabled growth) which is explored throughout this book.
410  0$aPalgrave Advances in Regional and Urban Economics,$x2662-642X
606   $aDevelopment economics
606   $aInternational economic relations
606   $aCorporate governance
606   $aPolitical science
606   $aRegionalism
606   $aUrban economics
606   $aDevelopment Economics
606   $aInternational Economics
606   $aCorporate Governance
606   $aPolitical Science
606   $aRegionalism
606   $aUrban Economics
615  0$aDevelopment economics.
615  0$aInternational economic relations.
615  0$aCorporate governance.
615  0$aPolitical science.
615  0$aRegionalism.
615  0$aUrban economics.
615 14$aDevelopment Economics.
615 24$aInternational Economics.
615 24$aCorporate Governance.
615 24$aPolitical Science.
615 24$aRegionalism.
615 24$aUrban Economics.
676   $a338/.064094
700   $aGrillo$b Francesco$4aut$4http://id.loc.gov/vocabulary/relators/aut$0219411
702   $aNanetti$b Raffaella Y$4aut$4http://id.loc.gov/vocabulary/relators/aut
906   $aBOOK
912   $a9910254880203321
996   $aInnovation, Democracy and Efficiency$92089744
997   $aUNINA