Globalization, Economic Growth and Innovation Dynamics

✍ Scribed by Prof. Dr. Paul J. J. Welfens, Prof. John T. Addison, Prof. Dr. David B. Audretsch, Prof. Thomas Gries, Dr. Hariolf Grupp (auth.)

• Publisher: Springer-Verlag Berlin Heidelberg
• Year: 1999
• Tongue: English
• Leaves: 194
• Edition: 1
• Category: Library

✦ Synopsis

In the new global economy, more countries have opened up to international competition and rapid capital flows. However, in the triad the process of globalization is rather asymmetric. With a rising role of multinational companies there are favorable prospects for higher global growth and economic catching-up, respectively. Theoretical analysis suggests key ingredients of sustained growth, but there is also a new concept of a long-term equilibrium income gap in which convergence is rather unlikely. The analysis also picks up European and US labor market issues in the context of economic globalization and raises the question of which EU policies in the field of labor market reform and of innovation policies are adequate.

✦ Table of Contents

Front Matter....Pages I-X
Globalization of the Economy and Increasing International Competition....Pages 1-39
Human Capital Accumulation, Globalization and Global Productivity Growth....Pages 41-72
Theoretical and Practical Aspects of High Technology Policy....Pages 73-101
European R&D Policy from a Global Perspective....Pages 103-125
The Future Role of R&D Policy: Policy Options and Recommendations....Pages 127-147
Back Matter....Pages 149-198

✦ Subjects

Economic Policy