The EU Regional Policy and the Socio-economic Disadvantage of European Regions

Riccardo Crescenzi and Andrés Rodríguez-Pose

Chapter Chapter 8 in Innovation and Regional Growth in the European Union, 2011, pp 147-168 from Springer

Abstract: Abstract The empirical evidence presented in the previous chapters has highlighted the importance of underlying socio-economic factors in translating innovation into economic growth. The analysis showed that this is true for both endogenously produced innovation (by means of local innovative efforts) and exogenous knowledge flows. This evidence suggests that the locational disadvantage of peripheral regions (mainly due to the reduced exposition to knowledge flows) may be compensated for by reinforcing their capability to translate existing knowledge into economic growth. The empirical analysis showed that this result could be achieved by addressing the local sources of socio-economic disadvantage. When the socio-economic sources of competitive disadvantage are effectively addressed, the capability to translate whatever kind of innovation into regional growth is enhanced.

Keywords: Structural Fund; Competitive Disadvantage; Inverse Mill Ratio; Cohesion Policy; Programming Period (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-17761-3_8

Ordering information: This item can be ordered from
http://www.springer.com/9783642177613

DOI: 10.1007/978-3-642-17761-3_8

Access Statistics for this chapter

More chapters in Advances in Spatial Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().