Innovation in the European transport sector: A review
Tobias Wiesenthal,
Ana Condeço-Melhorado () and
Guillaume Leduc
Transport Policy, 2015, vol. 42, issue C, 86-93
Abstract:
This article reviews innovation of the European transport industries. It combines a quantitative analysis of the R&D investment of manufacturers of transport equipment, transport service providers and the constructors of transport infrastructure for the years 2008 and 2011 with a qualitative assessment of their incentives to innovate. The latter takes into account sector-specific innovation systems, their distinct market environments and the products and services produced. The findings show that, although the transport sector as a whole is the largest industrial R&D investor in the EU, there are important differences in the level of innovation activities carried out by the highly heterogeneous sub-sectors. These differences seem to be of systemic nature: they are found consistently in the quantitative analysis and the theoretical considerations. The result is highly policy-relevant as it indicates that policies targeting innovation in transport need to take into account the specific innovation capacities of the various sub-sectors.
Keywords: R&D; Transport innovation; Corporate research (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (11)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:42:y:2015:i:c:p:86-93
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DOI: 10.1016/j.tranpol.2015.05.003
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