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

Raimund Bleischwitz

No 10, Bruges European Economic Policy Briefings from European Economic Studies Department, College of Europe

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.

Keywords: innovation; internalisation of externalities; Integration; Europe (search for similar items in EconPapers)
JEL-codes: D62 F15 L51 O31 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2005-01
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