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Patterns of Knowledge Creation in European Regions: An Analysis by the Phases of the EU-Enlargements

In: Advances in Longitudinal Data Methods in Applied Economic Research

Author

Listed:
  • Thomas Baumert

    (Universidad Antonio de Nebrija)

Abstract

This chapter studies the determinants of regional knowledge production in Europe discriminating by the phases of the EU-enlargement (as a proxy for the degree of economic development). For this purpose, we combine factorial analysis with a regression model based on a knowledge production function. Our results evidence that there are clearly differentiated patterns in the knowledge production function of European regions according to the time of entrance of their corresponding countries into the EU: the less developed regions are, the more important the role of the Universities and of the Public administration in their Innovation Systems is; in more developed regions, however, the leading role is taken over by the Regional economic environment, the Sophistication of the (technological) demand as well as by the availability of financing in the form of Venture capital. We conclude that policy actions aimed to drive innovation should carefully consider the relative stage of development of the specific regional innovation system.

Suggested Citation

  • Thomas Baumert, 2021. "Patterns of Knowledge Creation in European Regions: An Analysis by the Phases of the EU-Enlargements," Springer Proceedings in Business and Economics, in: Nicholas Tsounis & Aspasia Vlachvei (ed.), Advances in Longitudinal Data Methods in Applied Economic Research, pages 325-344, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-63970-9_23
    DOI: 10.1007/978-3-030-63970-9_23
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