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The Economic Challenge for Europe

Adapting to Innovation Based Growth Edited by Jan Fagerberg, Professor, Centre for Technology, Innovation and Culture (TIK), University of Oslo, Norway, Paolo Guerrieri, Professor of Economics, University of Rome ‘La Sapienza’, Italy, College of Europe, Bruges, Belgium and Vicepresident, Institute for International Affairs (IAI) and Bart Verspagen, Professor of Economics of Technological Change, ECIS, Eindhoven University of Technology, The Netherlands
This book will be indispensable to scholars and policymakers in the areas of economic growth, international competitiveness, innovation, regional development and European studies.
Extent: 264 pp
Hardback Price: $155.00 Web: $139.50
Publication Date: 2000
ISBN: 978 1 84064 124 0
Availability: In Stock
Paperback Price: $47.00 Web: $37.60
Publication Date: 2000
ISBN: 978 1 84064 590 3
Availability: In Stock
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  • Economics and Finance
  • Economics of Innovation
  • Industrial Organisation
  • Innovation and Technology
  • Economics of Innovation
Europe’s performance relative to the US and countries in Asia is a topic that greatly preoccupies policymakers who are concerned that the European Union is losing ground compared to other, more dynamic, parts of the world. This book presents the scale and scope of the challenges that Europe faces in adjusting to globalization and advances in technology.

The evidence assembled in this book points to trends in European Union performance that policymakers will find disconcerting. In many areas, Europe has not kept pace with the technological advances of competitors and seems to have lost its dynamism. Employment creation has been lacklustre, new specializations have been slow to emerge and the rate of innovation has been disappointing. The core message in this book is that the problems Europe faces in key areas such as growth, equality and employment are all related to its failure to take sufficient advantage of technological advances, particularly the information and communication technology (ICT) revolution. It is concluded that a coherent European strategy for upgrading technological capability and embedding new technologies, especially ICTs, in society is long overdue.

This book will be indispensable to scholars and policymakers in the areas of economic growth, international competitiveness, innovation, regional development and European studies.
‘The book is a collection of ten articles that focus on broad comparative analysis of innovation and growth, information technology, and regional technical progress. The editors are to be commended for their efforts in producing this book. Studies of long-run technical change and competitiveness are rarely undertaken in our short-run world, and such studies are of great importance for Europe in the global economy. . . . a very useful and valuable book. . . . I recommend this work to any library or professor’s bookshelf where technological change and Europe are of interest.’
– Joseph Dahms, Journal of Economic Issues
Contributors: I. Begg, A. Cappelen, B. Dalum, J. Fagerberg, C. Freeman, H. Grabbe, P. Guerrieri, M. Holmén, K. Hughes, S. Jacobsson, M. Jansen, M. Landesmann, P.-B. Maurseth, M. Pianta, M. Praest, A. Rickne, R. Simonetti, G.N. von Tunzelmann, B. Verspagen, G. Villumsen, M. Vivarelli
Contents: Preface 1. Europe – A Long View 2. The Impact of Specialization in Europe 3. European Competitiveness: Quality Rather than Price 4. Employment Dynamics and Structural Change in Europe 5. Europe and the Information and Communication Technologies Revolution 6. Lack of Regional Convergence 7. Europe: One or Several Systems of Innovation? An Analysis Based on Patent Citations 8. Changing the Regional System of Innovation 9. The Implications of Eastward Enlargement for EU Integration, Convergence and Competitiveness 10. Conclusions and Policy Implications Index