 Innovation and Regional Socio-Economic Development - Evidence from the Finnish Local Administrative Units (1)Makkonen Teemu
Bulletin of Geography. Socio-economic Series, 2011, vol. 15, issue 15, 27-42 Abstract: It is often argued that innovation plays a key role in the economic growth of regions. Therefore, the impacts of innovation on the socio-economic development of regions have been widely discussed in previous studies, but with divergent areal coverage, methods, and datasets. As a point for departure, these relationships redrawn from international literature are tested here with a single dataset from Finnish local administrative units and with coherent methods. As there does not seem to be a generally accepted indicator for innovation which can claim to be superior, despite the growing literature on the subject, research and development (R&D), and patent statistics are used in this paper to represent innovation activity. The significant, strong, and positive relationship between innovation and traditional socio-economic variables is verified using Finnish regions. Keywords: Finland; regional socio-economic development; innovation; research and development; patents (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:vrs:buogeo:v:15:y:2011:i:15:p:27-42:n:2 DOI: 10.2478/v10089-011-0002-0 Access Statistics for this article Bulletin of Geography. Socio-economic Series is currently edited by Daniela Szymańska More articles in Bulletin of Geography. Socio-economic Series from Sciendo |
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