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Economics of Innovation: A Review in Theory and Models


  • George M. Korres
  • Stylianos Drakopoulos


Innovation activities contribute essentially to the regional dimension and growth. The technological infrastructure and innovation capabilities affect not only the regional growth, but also the whole periphery and economy as well. There are a lot of problems and questions regarding the measurement of innovation activities at a regional level. This paper attempts to analyze the whole framework of innovation statistics and in particular to examine the measurement and also the statistical estimation of innovation activities. On this context, it’s also aiming to emphasize and to review the appropriate techniques, the most common methods and the particular problems.

Suggested Citation

  • George M. Korres & Stylianos Drakopoulos, 2009. "Economics of Innovation: A Review in Theory and Models," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 25-38.
  • Handle: RePEc:ers:journl:v:xii:y:2009:i:3:p:25-38

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    References listed on IDEAS

    1. Panayiotis Curtis & Jonh Thalassinos, 2005. "Equity fund raising and “creative” accounting practices: Indications from Athens Stock Exchange for the 1999-2000 period," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 127-127.
    2. Fagerberg, Jan, 1995. "User-Producer Interaction, Learning and Comparative Advantage," Cambridge Journal of Economics, Oxford University Press, vol. 19(1), pages 243-256, February.
    3. Grupp, Hariolf, 1995. "Science, High Technology and the Competitiveness of EU Countries," Cambridge Journal of Economics, Oxford University Press, vol. 19(1), pages 209-223, February.
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    Cited by:

    1. repec:ers:journl:v:xvi:y:2013:i:sisme:p:57-70 is not listed on IDEAS
    2. Karel Havlíček & Eleftherios Thalassinos & Liliana Berezkinova, 2013. "Innovation Management and Controlling in SMEs," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 57-70.


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