Spatial distribution of R&D expenditure and patent applications across EU regions and its impact on economic cohesion
Carmela Martín,
Carlos Mulas-Granados and
Ismael Sanz
No 32, European Economy Group Working Papers from European Economy Group
Abstract:
This article explores the spatial distribution of regional technology indicators in the EU over the last decade and its impact on cohesion. Thus, we find that public R&D spending and patent applications have converged among regions during the nineties. On the other hand, private R&D activities have diverged, as a result of an asymmetric expansion during the second half of the nineties. We show that when the dispersion of public R&D across regions diminished in the second half of the nineties, income disparities at regional level also decreased. Therefore, while technology policy based on efficiency criteria should remain as a policy tool for economic growth, this policy should be counterbalanced by R&D funds to the least developed regions to maintain economic cohesion.
Pages: 31 pages
Date: 2004
New Economics Papers: this item is included in nep-eec, nep-ino and nep-ure
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