Effects of innovation diffusion on the development level for some European regions in the expansion period of the European Union
AbstractIt is argued that innovation diffusion, in other words the movement of the new ideas or articrafts within an area over a number of time periods could become widespread once introduced in the area. After Schumpeter the role of the innovator has been significant as the inventor, as the developer or as the promoter. It is clear now that a number of economists have one thing in common that profit rates would be pushed to minimal levels in the absence of technical development. In fact, in the new theories of development concepts related to knowledge development and its diffusion take precedence. Moreover, concerning regional disparities and regional convergence issues in the European Union, it is pointed out that R&D investment in lagging areas could be the only way to avoid technology and development divergence between core and periphery. In this connection, it might be worthwhile to consider the enlargement process of the European Union with further expansion period. In this way, the objective of this article will be to find out probable effects of R&D on the development level in a five-years period (1996-2001) in order to examine the efficiency rate of innovation diffusion on the development level and to derive some theoretical and practical results.
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Bibliographic InfoPaper provided by European Regional Science Association in its series ERSA conference papers with number ersa04p30.
Date of creation: Aug 2004
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-11-09 (All new papers)
- NEP-GEO-2005-11-09 (Economic Geography)
- NEP-INO-2005-11-09 (Innovation)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Andrés Rodríguez-Pose, 2001. "articles: Is R&D investment in lagging areas of Europe worthwhile? Theory and empirical evidence," Papers in Regional Science, Springer, vol. 80(3), pages 275-295.
- Ugo FRATESI, 2003.
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186, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
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- Harry Coccossis & Peter Nijkamp, 2007. "Regional Science in Perspective," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2007(2), pages 137-140.
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