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Economic Innovations Depend on Political Innovations: On Deregulating the Political Process

In: Innovation Clusters and Interregional Competition

Author

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  • Reiner Eichenberger

    (University of Fribourg)

Abstract

Economic growth and human welfare are spurred by innovations. While this is obvious with respect to economic innovations, political innovations are perhaps even more important. They determine the capability to innovate of the economy as well as the effectiveness of government, which is decisive determinant of competitiveness, be it at the local, regional or national level. Therefore, this contribution focuses on political innovations. It presents a new concept for making the political process more competitive, thus enhancing the government incentives to pursue innovative policies and to promote economic innovations by creating an appropriate institutional environment, e.g., by providing for an effective infrastructure, the quick granting of governmental permits and licenses, low taxes, and by supporting innovation clusters.

Suggested Citation

  • Reiner Eichenberger, 2003. "Economic Innovations Depend on Political Innovations: On Deregulating the Political Process," Advances in Spatial Science, in: Johannes Bröcker & Dirk Dohse & Rüdiger Soltwedel (ed.), Innovation Clusters and Interregional Competition, chapter 15, pages 314-328, Springer.
    • Handle: RePEc:spr:adspcp:978-3-540-24760-9_15
    DOI: 10.1007/978-3-540-24760-9_15
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    Cited by:

    1. Susanne Mueller‐Using & Wieslaw Urban & Jan Wedemeier, 2020. "Internationalization of SMEs in the Baltic Sea Region: Barriers of cross‐national collaboration considering regional innovation strategies for smart specialization," Growth and Change, Wiley Blackwell, vol. 51(4), pages 1471-1490, December.

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