Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/183222
Authors: 
Krieger, Bastian
Licht, Georg
Pellens, Maikel
Year of Publication: 
2018
Series/Report no.: 
ZEW policy brief 7/2018
Abstract: 
Innovation is essential for economic growth, and governments must encourage firms to increase their investments in innovation. Europe is losing ground to its main Asian competitors when it comes to R&D investment, and is barely keeping pace with the U.S. Moreover, the rate of return on innovation has become significantly weaker in Europe. This has been caused by its relative lack of innovative SMEs, the slow diffusion of innovation, and the increasingly competitive innovation marketplace. In this light, scholars and policy makers are arguing for a new approach to European innovation policy that puts more weight on the development of disruptive innovation and on the diffusion of new technologies throughout the market.
Document Type: 
Research Report
Social Media Mentions:

Files in This Item:
File
Size
196.44 kB





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