Innovation, Growth and Competitiveness (eBook)

Dynamic Regions in the Knowledge-Based World Economy

Peter Nijkamp, Iulia Siedschlag (Herausgeber)

eBook Download: PDF

2010 | 2011
XII, 380 Seiten
Springer Berlin (Verlag)
978-3-642-14965-8 (ISBN)

Infos

This book investigates dynamic regions in the context of greater global interaction in a world economy increasingly driven by knowledge and innovation. It offers novel empirical evidence on the underlying factors of the growth performance of these spaces. In particular, the following questions are addressed: What role is there for research, education and innovation in the development strategies of the dynamic growth regions? What are the risks and consequences of dynamic growth on patterns of world growth and development, competitiveness, inequalities, and convergence? What development strategies should be promoted at national and international levels to promote a growing and more sustainable world economy? What are the implications of the emerging new competitors for Europe's competitiveness? Using an innovative, integrated framework of analysis, the contributions in this book combine a wide array of complex theoretical and methodological approaches.

Peter Nijkamp is Professor in Regional and Urban Economics and in Economic Geography at the VU University, Amsterdam. His main research interests cover quantitative plan evaluati¬on, regional and urban modelling, multicriteria analysis, transport systems analysis, mathe¬matical systems modelling, technological innovation, entrepreneurship, environmental and resource management, and sustainable development. In the past years he has focussed his research in particular on new quantitative methods for policy analysis, as well as on spatial-behavioural analysis of economic agents. He has a broad expertise in the area of public policy, services planning, infrastructu¬re manage¬ment and environmental protection. In all these fields he has publis¬hed many books and numerous articles. He is member of editorial/advisory boards of more than 30 journals. He has been visiting professor in many universities all over the world. According to the RePec list he belongs to the top-30 of well-known economists world-wide. He is past president of the European Regional Science Association and of the Regional Science Association International. He is also fellow of the Royal Netherlands Academy of Sciences, and past vice-president of this organization. From 2002 - 2009 he has served as president of the governing board of the Netherlands Research Council (NWO). In addition, he is past president of the European Heads of Research Councils (EUROHORCs). He is also fellow of the Academia Europaea, and member of many international scientific organizations. He has acted regularly as advisor to (inter)national bodies and (local and national) governments. In 1996, he was awarded the most prestigious scientific prize in the Netherlands, the Spinoza award.

 Iulia Siedschlag is Associate Research Professor and Head of the Centre for International Economics and Competitiveness at the Economic and Social Research Institute in Dublin. Her key areas of expertise include international and European economic integration; international trade and investment; economic growth in open economies, open economies macroeconomics; new technology diffusion, innovation and productivity; applied econometrics. Her research has been published in leading international journals and books. She has received several research awards from private and public organisations. She has been appointed as an international expert to the European Commission, European Central Bank, World Bank, Inter-American Development Bank, Asian Development Bank Institute, and the World Economic Forum. She has been awarded a significant number of research grants and projects involving European research organisations and universities.

Inhalt

Innovation, Growth and Competitiveness 3
Preface 5
Contents 7
Editors 9
Contributors 11
Chapter 1: Economic Growth, Innovation and Competitiveness in a Knowledge-Based World Economy: Introduction 13
Part I: Economic Growth in a Knowledge-Based Economy 17
Part II: Globalisation, Competitiveness and Growth 19
Part III: The Role of Public Policies in Fostering Innovation, Competitiveness and Growth 21
References 22
Part I : Economic Growth in a Knowledge-Based Economy 24
Chapter 2: Defining Knowledge-Driven Economic Dynamism in the World Economy: A Methodological Perspective 25
Introduction 25
The Emerging Knowledge-Economy Paradigm 26
A Framework for Knowledge-Driven Economic Dynamism 27
Existing Measures of the Knowledge-Based Economy 29
Operationalising Knowledge-Based Economic Dynamism: The Economic Dynamism Indicator 31
Methodological Considerations Towards the Development of Composite Indicators 31
Theoretical Framework 32
Variables Selection 32
Standardisation 33
Weighting 34
Validation 34
The Economic Dynamism Indicator 35
Conclusions 43
Appendix 44
References 47
Chapter 3: Explaining Knowledge-Based Economic Growth in the World Economy 50
Introduction 50
Determinants of Economic Performance 52
Determinants of Knowledge-Based Economic Growth at the International Level: Econometric Analysis 56
Conclusions 60
Appendix 61
References 65
Chapter 4: Critical Success Factors for a Knowledge-Based Economy: An Empirical Study into Background Factors of Economic Dynamism 69
Introduction 70
Growth Theories from Mainstream Economics 72
An Evolutionary Perspective of Economic Dynamics 75
Dutch Expert Views on Knowledge Drivers 78
An Empirical Analysis by Means of Factor Analysis 82
Growth Variables at Different Stages of Development 82
Factor Analysis Results 84
Opposite Characteristics Promoting Economic Dynamism 87
Implications 90
Conclusions 91
References 92
Chapter 5: Knowledge Spillover Agents and Regional Development 98
Introduction 98
The Role of Highly-Skilled Labour for Regional Development and Growth 99
Labour Mobility as a Key Mechanism of Knowledge Spillovers and Knowledge Transfer 101
The Geography of Knowledge Spillovers Through Mobile Labour 102
Directions of Knowledge Flows and Spillovers Through Movements of Highly-Skilled Workers 103
Understanding Scientific Mobility 104
Star Scientists, Knowledge Flows and Regional Development 106
Interregional Knowledge Interactions Due to the Mobility of Star Scientists 106
Scientific and Economic Impacts of the Mobility of Star Scientists 108
Attraction and Mobilisation of Talent: Which Factors Do Really Matter? 109
Towards a New Approach for Regional Policy? 111
Agenda for Further Research 112
References 113
Chapter 6: Star Scientists as Drivers of the Development of Regions 119
Introduction 119
Conceptual Considerations and Literature Review 121
Academic World 124
Industrial World 124
Policy World 125
Data and Methodology 125
Empirical Results: Location and Regional Embeddedness of European-Based Star Scientists 127
Location Pattern of Star Scientists in Europe 128
Regional Embeddedness of Star Scientists in Europe 128
Linkages Between Europe´s Star Scientists and the Regional Academic World 129
Linkages Between Europe´s Star Scientists and the Regional Industrial World 130
Linkages Between Europe´s Star Scientists and the Regional Policy World 131
Relative Importance of Regional Knowledge Sharing Mechanisms 131
Number and Combinations of Regional Knowledge Sharing Mechanisms 132
Comparing Top Regions with Other Regions in Europe 134
Summary and Conclusions 136
References 138
Chapter 7: The Determinants of Regional Educational Inequality in Western Europe 141
Introduction 141
Theoretical Considerations: The Causes of Educational Distribution 142
The Determinants of Educational Inequality 142
Control Variables 145
Econometric Specification, Data, Variables, and Methodology 150
Regression Results 152
Estimations of the Static Model 152
Estimations of the Dynamic Model 156
Concluding Remarks 158
Appendix A: Standardized Coefficients 160
References 167
Chapter 8: Innovation and Firms´ Productivity Growth in Slovenia: Sensitivity of Results to Sectoral Heterogeneity and to Estimation Method 170
Introduction 170
Theoretical Background: RandD, Innovation Activity, and Firm Performance 172
The Extent and Determinants of Firms´ Innovation Activity in Slovenia 175
Research Capital Production Function by Using the Crépon-Duguet-Mairesse Approach 178
Estimation Approach 179
Estimation Issues 181
Results 182
The Impact of Innovation Activity on Firms´ Productivity Growth 183
The Effect of Innovation on Productivity Growth Using OLS Estimations 184
Robustness Check 1: OLS Estimations on Sub-Samples of Firms 186
Robustness Check 2: The Effect of Innovation on Productivity Growth Using the Nearest Neighbor Matching and Average Treatment E 189
Conclusions 193
Appendix A 195
Appendix B 196
References 197
Chapter 9: Social Capital and Growth in Brazilian Municipalities 199
Introduction 199
Review of the Literature 201
Data Description and Empirical Specification 203
Results and Robustness 204
Growth Patterns 204
The Role of Social Capital 209
Robustness 216
Conclusions and Policy Implications 216
Appendix 220
References 221
Part II: Globalisation, Competitiveness and Growth 222
Chapter 10: A Knowledge: Learning-Based Perspective on Foreign Direct Investment and the Multinational Enterprise 223
Introduction 223
Theory of Foreign Direct Investment (FDI) and the Multinational Enterprise (MNE) 224
Extant Theory 224
Modern MNE Strategies 226
Learning, FDI, the MNE and the OLI 228
O(wnership) 229
L(ocation) 230
I (nternalization) 230
Conclusions 233
References 234
Chapter 11: Determinants of MNE Subsidiaries Decision to Set up Own R & D Laboratories: The Choice of Region
Introduction 237
Literature Review 238
Hypotheses Development 240
Subsidiary-Level Factors 240
Embeddedness and Local Linkages 240
Role of Subsidiaries 241
Other Firm-Level Factors: Control Variables 242
External Environment 243
Agglomeration Factors 243
Local Competencies 244
Control Variables 245
Industry-Level Factors 245
Origin 245
Method and Results 245
The Sample 245
Econometric Techniques 248
Discussion of Results 250
Concluding Remarks, Limitations and Implications 252
Appendix 253
References 255
Chapter 12: Multinational Enterprise and Subsidiaries´ Absorptive Capacity and Global Knowledge Sourcing 260
Introduction 260
Theoretical Framework and Related Literature 261
Data Description, Econometric Methodology and Variables 266
Results 269
Concluding Remarks and Policy Implications 271
Appendix A 273
Appendix B 275
References 276
Part III: The Role of Public Policies in Fostering Innovation, Competitiveness and Growth 279
Chapter 13: The Competitive Advantage and Catching-Up of Nations: A New Framework and the Role of FDI, Clusters and Public Policy 280
Introduction 280
Theories of Competitiveness and Catching-Up 281
Novel Framework for Competitiveness and Catching-up and the Role of FDI, Firm Clusters and Public Policy 289
Competitive Advantage, Competitive Positioning and Vehicles to Competitiveness 292
Summary and Conclusion 297
References 298
Chapter 14: The Role of Public Policies in Fostering Innovation and Growth: Theory and Empirical Evidence 303
Research Questions 303
Theoretical Approaches and Empirical Evidence 311
Human Capital 311
Trade Policies and Partners 314
Foreign Direct Investment 318
Infrastructure 322
Macroeconomic Stability 325
Financial Development 328
Industrial and Innovation Policy 329
Potential Directions for Future Research 332
References 335
Chapter 15: European Competition and Industrial Policy: An Assessment and a New Framework 340
Introduction 340
Industrial and Competition Policy: Alternative Perspectives 341
The Neoclassical Industrial Organisation (IO), Market-Failure-Based Perspective 342
Transaction Costs, Property Rights and Resource, Evolutionary and System-Based Views 347
Economic Theories of the State and the Public-Private Nexus 351
Business-State Interactions and Supra-National Organization 355
International Practice and European IP in the Context of New Trends 362
A Novel Framework: Value, Sustainability and Policy 365
Summary and Conclusions 371
References 372

Produkt-Details

• Erscheint lt. Verlag: 1.12.2010
• Reihe/Serie: Advances in Spatial Science
• Zusatzinfo: XII, 380 p.
• Verlagsort: Berlin
• Sprache: englisch
• Themenwelt: Sozialwissenschaften ► Politik / Verwaltung
• Themenwelt: Technik
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Schlagworte: International Competitiveness • International economic integration • Knowledge-based economic growth • Public Policy • R&D and innovation • R&D and innovation
• ISBN-10: 3-642-14965-0 / 3642149650
• ISBN-13: 978-3-642-14965-8 / 9783642149658