Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/89299 
Year of Publication: 
2005
Series/Report no.: 
LEM Working Paper Series No. 2005/02
Publisher: 
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM), Pisa
Abstract: 
This paper discusses, first, the properties of scientific and technological knowledge and the institutions supporting its generation and its economic applications. The evidence continues to support the broad interpretation which we call the Stanford-Yale-Sussex synthesis. Second, such patterns bear important implications with respect to the so-called European Paradox, i.e. the conjecture that EU countries play a leading global role in terms of top-level scientific output, but lag behind in the ability of converting this strength into wealth-generating innovations. Some descriptive evidence shows that, contrary to the paradox conjecture, European weaknesses reside both in its system of scientific research and in a relatively weak industry. The final part of the work suggests a few normative implications: much less emphasis should be put on various types of networking and much more on policy measures aimed to both strengthen frontier research and strengthen European corporate actors.
Subjects: 
Open Science
European Paradox
Science and Technology Policy
JEL: 
D80
O33
O38
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.