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Education Policy and Regional Convergence in the European Union

In: European Socio-Economic Integration

Author

Listed:
  • Aikaterini Kokkinou

    (University of Glasgow)

  • George M. Korres

    (University of Newcastle
    University of the Aegean)

  • Efstratios Papanis

    (University of the Aegean)

  • Panagiotis Giavrimis

    (University of the Aegean)

Abstract

In the past three decades, important changes in the pattern of economic growth and productivity have been interpreted as a movement towards knowledge-based economy. Currently, output and employment are expanding fast in high-technology industries, as well as in knowledge-based services. More resources are spent on the production and development of new technologies, in particular on information and communication technology. At the same time, major shifts are taking place in the labour market, in particular, the increased demand for skilled labour. Globalisation and worldwide competition has shifted the comparative advantage of economies towards the factor of knowledge and innovation, where productivity based on the endogenous development capabilities plays a rather important role, as far as growth and competitiveness enhancement are concerned.

Suggested Citation

  • Aikaterini Kokkinou & George M. Korres & Efstratios Papanis & Panagiotis Giavrimis, 2013. "Education Policy and Regional Convergence in the European Union," Innovation, Technology, and Knowledge Management, in: Elias G. Carayannis & George M. Korres (ed.), European Socio-Economic Integration, edition 127, chapter 0, pages 113-128, Springer.
  • Handle: RePEc:spr:innchp:978-1-4614-5254-6_8
    DOI: 10.1007/978-1-4614-5254-6_8
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