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

Author

Listed:
  • 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))

Abstract

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.

Suggested Citation

  • Colantonio Emiliano & D'Angelo Francesca & Odoardi Iacopo & Scamuffa Domenico, 2010. "Internationalization And Innovation: The Challenges For Europe In A Changing World," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 214-219, December.
  • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:214-219
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    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n2/030.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. Peretto, Pietro F., 1999. "Industrial development, technological change, and long-run growth," Journal of Development Economics, Elsevier, vol. 59(2), pages 389-417, August.
    3. 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, May.
    4. Paul Beaudry & Fabrice Collard, 2003. "Recent Technological and Economic Change among Industrialized Countries: Insights from Population Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 105(3), pages 441-464, September.
    5. Peretto, Pietro F, 1998. "Technological Change and Population Growth," Journal of Economic Growth, Springer, vol. 3(4), pages 283-311, December.
    6. 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 712-720, November.
    7. Pinelopi Koujianou Goldberg & Nina Pavcnik, 2007. "Distributional Effects of Globalization in Developing Countries," Journal of Economic Literature, American Economic Association, vol. 45(1), pages 39-82, March.
    8. René Belderbos & Leo Sleuwaegen & Reinhilde Veugelers, 2010. "Market Integration and Technological Leadership in Europe," European Economy - Economic Papers 2008 - 2015 403, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    9. Alwyn Young, 1991. "Learning by Doing and the Dynamic Effects of International Trade," NBER Working Papers 3577, National Bureau of Economic Research, Inc.
    10. Alwyn Young, 1991. "Learning by Doing and the Dynamic Effects of International Trade," The Quarterly Journal of Economics, Oxford University Press, vol. 106(2), pages 369-405.
    11. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    International trade; integration; technological progress;

    JEL classification:

    • F1 - International Economics - - Trade
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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