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A 'Triple-I' Strategy for the Future of Europe

Author

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  • Raimund Bleischwitz

    (University College London)

Abstract

The paper lays down a strategy consisting of Innovation, Internalisation of Externalities, and Integration – called Triple I. ‘Innovation’ is seen along value chain management in a systems perspective, driven by competition and participation of stakeholders. ‘Internalisation’ refers to endogenous efforts by industry to assess externalities and to foster knowledge generation that leads to benefits for both business and society. ‘Integration’ highlights the role business and its various forms of cooperation might play in policy integration within Europe and beyond. Looking forward towards measures to be taken, the paper explores some frontiers for a partnership between public and private sector: i) Increasing resource productivity, lowering material cost, ii) Energy integration with Southeast Europe and Northern Africa, iii) Urban mobility services and public transport, iv) Tradable emission permits beyond Europe. Finally, some conclusions from the perspective of the College of Europe are drawn.

Suggested Citation

  • Raimund Bleischwitz, 2005. "A 'Triple-I' Strategy for the Future of Europe," Bruges European Economic Policy Briefings 10, European Economic Studies Department, College of Europe.
  • Handle: RePEc:coe:wpbeep:10
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    File URL: https://www.coleurope.eu/system/files_force/research-paper/beep10.pdf?download=1
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    More about this item

    Keywords

    innovation; internalisation of externalities; Integration; Europe;

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • F15 - International Economics - - Trade - - - Economic Integration
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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