The Innovation Union in Europe
Show Less

The Innovation Union in Europe

A Socio-Economic Perspective on EU Integration

Edited by Elias G. Carayannis and George M. Korres

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.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 4: The European national and regional systems of innovation

A Socio-Economic Perspective on EU Integration

George M. Korres


Innovation has been recognized as a major source of competitiveness of firms and regions. It is recognized as highly relevant to economic performance and sustainability and thus it has been gaining increased support and attention. Public policies in new technologies aim exactly to reinforce technological capabilities in order to enhance productivity, competitiveness and economic growth. Public support is usually given in the form of ‘direct and indirect measures’, namely grants, loans, tax concessions and equity capital. Regional differences remain the prime source of competitive advantage. A long-term approach to development of regional knowledge economies must therefore combine local (regional) bottom–up approaches with global or European top–down approaches. This chapter attempts to examine the structure and role of national and regional systems of innovation and their implications for sustainable development and integration and convergence in the EU.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.