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Internationalization And Innovation: The Challenges For Europe In A Changing World

  • Colantonio Emiliano


    (Faculty of Management Sciences , University of Chieti-Pescara (Italy))

  • D'Angelo Francesca


    (Faculty of Management Sciences - DMQTE, University of Chieti-Pescara (Italy))

  • Odoardi Iacopo


    (Faculty of Management Sciences - DMQTE , University of Chieti-Pescara (Italy))

  • Scamuffa Domenico


    (Faculty of Management Sciences - DMQTE, University of Chieti-Pescara (Italy))

A large part of the economic literature is unanimous in believing technological progress and openness to foreign trade are key variables to trigger the processes of stable and persistent economic growth. An in-depth analysis of these factors, thus, becomes necessary both to meet the challenges of the international market, and to strengthen the European integration process. This paper aims to provide an empirical analysis of the interaction between foreign trade and technological progress by performing a multidimensional scaling. This technique is used to produce a graphical representation of the 27 EU member states, in accordance to the degree of similarity or dissimilarity between them. The indicators used, and the indexes calculated, reflect the different degree of internationalization of each country's economy, the regulation of trade flows, investment in specific R&D and technological progress.

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Article provided by University of Oradea, Faculty of Economics in its journal The Journal of the Faculty of Economics - Economic.

Volume (Year): 1 (2010)
Issue (Month): 2 (December)
Pages: 214-219

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Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:214-219
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  1. Peretto, Pietro F., 1999. "Industrial development, technological change, and long-run growth," Journal of Development Economics, Elsevier, vol. 59(2), pages 389-417, August.
  2. Chuang, Yih-Chyi, 1998. "Learning by Doing, the Technology Gap, and Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(3), pages 697-721, August.
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  4. Ren� Belderbos & Leo Sleuwaegen & Reinhilde Veugelers, 2010. "Market Integration and Technological Leadership in Europe," European Economy - Economic Papers 403, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  5. Chuang, Yih-chyi, 2000. "Human Capital, Exports, and Economic Growth: A Causality Analysis for Taiwan, 1952-1995," Review of International Economics, Wiley Blackwell, vol. 8(4), pages 712-20, November.
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  7. Peretto, Pietro F., 1996. "Technological Change and Population Growth," Working Papers 96-28, Duke University, Department of Economics.
  8. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
  9. Yanling Wang, 2007. "Trade, Human Capital, and Technology Spillovers: an Industry-level Analysis," Review of International Economics, Wiley Blackwell, vol. 15(2), pages 269-283, 05.
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