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European productivity gaps: Is R&D the solution?

Christoph Meister and Bart Verspagen

No 5, Research Memorandum from Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT)

Abstract: Industrialization, and the association between technological advance and economic growth, brought Europe world economic leadership in the 19th century. However, in the course of the 20th century, European leadership was lost to the United States, as well as a number of dynamic Asian economies, of which Japan was the first to emerge in the process of modern economic growth. This loss of European leadership is commonly associated with another major technological change: the rise of the mass production system in the United States (e.g., David, 1975).....

Keywords: research and development (search for similar items in EconPapers)
Date: 2004
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Related works:
Chapter: European Productivity Gaps: Is R&D the Solution? (2006) Downloads
Working Paper: European Productivity Gaps Is R&D the Solution? (2005) Downloads
Working Paper: European Productivity Gaps: Is R&D the solution? (2004)
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