In the last four decades the developed economies have developed
into veritable knowledge economies at the same time as more and
more economies have entered the road to economic development.
Typical for the developments during this time has been
substantially increased investments in research and development
(R&D) to generate new knowledge and new technologies and
increased investments in diffusing existing knowledge by means of
education and thereby raising the volume of human capital.
However, many member states and regions within the EU are
struggling with their economic development. This book explores the
uneven patterns of development within the EU, discusses the
relative effect of investments on innovation and productivity
growth and looks at the mechanisms involved in economic development
and policy.
General
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