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Journal of Economic Policy ReformVolume 18, Issue 2, 3 April 2015, Pages 153-171

An empirical test of the regional innovation paradox: can smart specialisation overcome the paradox in Central and Eastern Europe?(Article)

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  • aDipartimento di Scienze Agrarie, degli Alimenti e dell’Ambiente (SAFE), Università degli Studi di Foggia, Foggia, Italy
  • bTechnopolis Group, Brussels, Belgium

Abstract

The regional innovation paradox is the greater need of lagging regions to invest in innovation and their relatively lower capacity to absorb funding compared to more advanced regions. Using data on regional public spending, industry composition and economic performance, we test empirically whether there is a differential impact of European funding on regional economic growth between Eastern and Western European regions. We conclude that the paradox is proven and consider the extent to which smart specialisation strategies may help to improve the quality of governance of regional innovation systems. © 2015 Taylor & Francis.

Author keywords

Eastern EuropeEuropean fundingregional innovation systemssmart specialisation
  • ISSN: 17487870
  • Source Type: Journal
  • Original language: English
  • DOI: 10.1080/17487870.2015.1013545
  • Document Type: Article
  • Publisher: Routledge

  Reid, A.; Technopolis Group, Brussels, Belgium
© Copyright 2015 Elsevier B.V., All rights reserved.

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