social justice and economic growth are now being revisited. 19 This short history of the term gives some idea of its heuristic but ambiguous meanings from its origins to the present.
should this driver be geared solely to economic growth or should it serve the goals of social as well as economic cohesion?
It shall work for the sustainable development of Europe based on balanced economic growth and price stability,
Portugal has to restore economic growth, employment, and make long-term structural reforms at all levels, but especially at institutional and economic levels (public sector, public services, competition, etc.).
increasing income inequality and longterm unemployment without relying on economic growth as a panacea. Investing in health and education, preferably as early as possible (e g. through early childhood education and care interventions) will help reduce costs in the long term,
including those on the margins of economic growth. LEADER also encourages interregional and cross-border cooperation and joint action between rural areas.
thus contributing to economic growth and job creation. In particular it will continue the exploration, made in a 2011 report by the European Expert Network on Culture,
and approaches that contribute to economic growth, solve societal challenges, create jobs and enhance Europe's competitiveness.
and paved the way for the sweeping reforms and the unprecedented economic growth of the past three decades.
and within specific areas, there is still a need to make sure that innovation policy will support societal challenges and economic growth better in the future.
such as those that aim at supporting long-term R&d investment and economic growth, whilst reducing income inequalities,
and within specific areas, there is still a need to make sure that innovation policy will support societal challenges and economic growth better in the future.
one that results in further motivations such as fostering economic growth, bridging the digital gap, creating innovative societies,
Fostering economic growth is an important motivation as well. The Living Lab for ICT-based Financial Services107 was created in spring 2010 by Ülemiste City AS and Mindware OÜ.
therefore, to enhance economic growth. Living labs aim at bridging the digital gap as well. Several of their projects have this motivation.
It is thought generally that ICT is one of the major contributors to economic growth and economic efficiency:
capable of sustainable economic growth with more and better jobs and greater social inclusion by 20 0, was interpreted as a need to boost the SME sector in Europe.
The movement of information goods to centre stage as drivers of economic growth The ever more widespread use of the peer-to-peer modes of conducting the distribution
ICT and the Internet are critical to help Europe sustain long-term economic growth and create new jobs.
approximately two thirds of Vienna's real economic growth is due to innovation. What is the role of the organisation within the DSI ecosystem?
ICT and the Internet are critical to help Europe sustain long-term economic growth and create new jobs.
approximately two thirds of Vienna's real economic growth is due to innovation. What is the role of the organisation within the DSI ecosystem?
These will help Member States achieve very fast broadband connections throughout the EU, an essential element for future economic growth.
economic growth, social development and environmental protection. Its multilateralism leads thus to it being on the agenda of various international bodies,
We conducted empirical research to investigate the strength of ICT's impact on economic growth, based on a cross-section model of 60 countries.
Despite high spending and the widespread adoption of sophisticated ICT infrastructure, European countries continue to lag behind on key measures of economic growth and productivity.
First, why hasn't heavy investment in ICT delivered the economic growth and acceleration in productivity experienced in the US?
the Economist Intelligence Unit conducted empirical research to investigate the strength of ICT's impact on economic growth, based on a cross-section model of 60 countries.
The Economist Intelligence Unit's cross-section analysis of 60 countries confirms the general view that ICT is linked strongly to economic growth in developed countries.
and use will begin to affect economic growth only after an adjustment period. Executive Summary The Economist Intelligence Unit 2004 5 Reaping the benefits of ICT Europe's productivity challenge ICT accounts for much of Europe's lag behind the US in growth performance in recent years.
therefore have a large impact on the economy's ability to reap greater economic growth and productivity gains.
and economists that the EU as a whole was falling behind the United states in key measures of economic growth, most crucially that of labour productivity growth.
The optimists believe that this heavy investment in ICT will soon pay off in higher productivity and economic growth.
I The economic impact of ICT The question of technology's impact on economic growth and productivity has fascinated and perplexed governments,
Those that believe ICT has a key role to play in economic growth look to the example of the United states. America's formidable growth
together with a strong performance in most of the ICT enablers, tend to deliver faster economic growth.
Investment in ICT and Economic growth, mimeo. Bartelsman, Eric, Andrea Bassanini, John Haltiwanger, Ron Jarmin, Stefano Scarpetta and Thorsten Schank, 2002, The Spread of ICT and Productivity Growth Is Europe Really Lagging Behind in the New Economy?
Colecchia, Alessandra and Paul Schreyer, 2002, The Contribution of Information and Communication Technologies to Economic growth in Nine OECD Countries, OECD Economic Studies, No. 34.
OECD, 2003, ICT and Economic growth: Evidence from OECD Countries, Industries and Firms, Paris: OECD. Oulton, Nick, 2001, ICT and Productivity Growth in the United kingdom, Bank of england Working Paper, No. 140.
The Contribution of ICT Investment to Economic growth and Labor Productivity in Poland 1995-2000, Warsaw:
This market evolution, associated with an efficient regulatory framework, will promote economic growth and play a key role in the EU's competitiveness strategy.
leading to win-win solutions for economic growth, social development and environmental protection. Smartgrids: Enhancing grid flexibility
to define a coherent and unified industry-driven approach to tackling major economic, technological and societal challenges, of vital importance for Europe's future competitiveness and economic growth.
economic growth and interconnectedness together with rising levels of education in many parts of the world have enabled a technological revolution in life sciences.
and G. Fink,"Implications of Population Aging for Economic growth,"PGDA Working Paper No. 64,2011. As of 08/03/2013:
Population Ageing, Domestic Consumption and Future Economic growth in China. Rising China: global challenges and opportunities.
Easterly, W,"Middle class Consensus and Economic Development,"Journal of Economic growth, Vol. 6, No. 4, 2001, pp. 317 335.
http://www. carnegieendowment. org/files/driving force. pdf Gordon, R is U s. Economic growth Over? Faltering Innovation Confronts the Six Headwinds, NBER Working Paper No. 18315,2012.
The relationship between demographic change and economic growth in the EU. Research Report 32. Institut für Demographie, Österreichische Akademie der Wissenschaften.
Entrepreneurship is defined as the pursuit of opportunities beyond the resources you currently control. 10 Turning an innovative idea into economic activity creates companies, economic growth and jobs.
Over time, on an economy-wide scale, innovation has contributed as much as 70%to the UK's economic growth.
Jimmy wales, Founder and Chair Emeritus, Board of trustees, Wikimedia Foundation We need to rethink education of the next generation of entrepreneurs to encourage market-generating innovation as a basis for sustainable economic growth.
As engines of economic growth, innovation and technological progress, they have brought much good to humanity. But as the financial crisis of 2008 has demonstrated,
Jacobs thus develops a theory about how a greater variety of industries within a geographic region promotes knowledge externalities, ultimately innovative, activity and economic growth. 14 50.
so it interferes with economic growth. Knowing and understating the obstacles to innovation for SMES is important both to entrepreneurs/owners/managers but also to the government.
in order to contribute to economic growth. Figure 3: Barriers for R&d activities in Romanian SMES Source: CNIPMMR, White Charter of Romanian SMES 11th Edition, Sigma Publishing house, 2013 In regard to the barriers to innovation entrepreneurs from SMES mentioned the high cost implied by R&d activities (56.32
Under these circumstances in which the SMES sector is a potential key factor for future economic growth
As Wennekers and Thurik stated possibilities for economic growth, job creation and innovation can come from SMES (Wennekers & Thurik,
While the region experienced a high rate of new business start-ups and a significant increase in jobs during the period of economic growth from the mid 1990s up until the present economic downturn the continued lack of mediumsized firms
Spatial variations within countries suggest that not all geographical parts of a country achieve similar levels of employment, skills development, business formation, economic growth and infrastructure development.
and services and generating economic growth. Universities now engage in industrial innovation through a variety of channels
Reig E.,(2010), The Competitiveness of the Spanish Regions, in J. R. Cuadraro (ed.),Regional Policy, Economic growth and Convergence, Springer, Heidelberg.
this is not employed appropriately enough to contribute significantly to economic growth (Cuadrado-Roura, 2010). At present, Andalusia is experiencing an unemployment rate above 26.5%(as compared to 18%in Spain as a whole.
such as regional economic growth and competitiveness, can be contradictory. Job training seeks to help economically or educationally disadvantaged people access employment opportunities,
Sweden‘s emphasis on new technology-based firms is based on the understanding that they contribute to economic growth not just by producing own products
Lessons from the Spanish Experience, Chapter 13, pp. 285-311, in Cuadrado-Roura, editor, Regional Policy, Economic growth and Convergence.
Economic growth and Workforce Development in the 1990s. Economic Development Quarterly, 14,340-359. Glaeser, E. L. and M. Resseger. 2009.
and innovation policy geared to favouring economic growth first and thus to give priority to the pro industry approach.
In Microfoundations of Economic growth: A Schumpeterian Perspective, eds Gunnar Eliasson and et al. Ann arbor: University of michigan Press.
an entrepreneurial spirit is the main driving force behind innovation, competitiveness and economic growth. There is a relationship between the entrepreneurial spirit and economic results in terms of growth, consolidation of the business framework, innovation, job creation, technological changes and increase in productivity.
The above synopsis indicates that the rapid economic growth and other gains experienced in recent decades,
competitiveness and economic growth in all regions, including Andalusia. The region has deployed numerous public instruments and resources to boost the competitiveness and innovative capacity of enterprises.
This recognition comes from a conviction that entrepreneurial spirit can be a driver for innovation, competitiveness and economic growth.
While the region experienced a high rate of new business start-ups and a significant increase in jobs during the period of economic growth from the mid 1990s up until the present economic downturn in 2007/2008, the continued lack
Behavior This dissertation is the result of a research effort that focuses on subjects related to a major driver of economic growth:
Yeoh and Jeong, 1995). 2. 2. The importance and relevance of entrepreneurial SMES for contemporary societies As already stressed, there are many evidences that entrepreneurship is of great value for economic growth, productivity, innovation
economic growth A model to examine the importance of technological catch up in explaining productivity growth. ACAP is a factor in explaining growth;
For instance, for Schumpeter (1934), organizational innovativeness is highlighted as an important factor for aggregate economic growth and performance over time.
Absorptive capability and economic growth: how do countries catch up? Cambridge Journal of Economics, 28,577-596.152 Roper, S. and Love, J. H. 2002.
Entrepreneurship, innovation and economic growth: evidence from GEM data. Small Business Economics, 24,335-350. Yamada, K. and Eshima, Y. 2009.
A few large multinational enterprises act as anchor companies to stimulate economic growth while network organisations are in place to nurture academia-industry collaborations.
which are located within the cluster network to stimulate economic growth. This market structure of a scientific base with MNES acting as anchor companies offers start-ups a good opportunity to settle down on the interface between them in an intermediary role.
as most other KETS, contribute to economic growth through two ways. On the other hand, photonics applications can help to increase the efficiency of production processes in various industries by enabling more advanced production technologies (e g. in the fields of measuring
This traditional sector is the second largest industrial employer and an important driver of economic growth in the region (ECRN,
This underscores the importance given to technology development as a basis for economic growth. European countries tend to emphasise the funding of (basic) research and industry-science collaboration
Analysis of Publications and Patent applications including Comparisons with the United states, Nanotechnology, Law & Business 1. 4. Helpman, E. 1998), General Purpose Technology and Economic growth, Boston:
EN Lipsey, R.,K. Carlaw, C. Bekar (2005), Economic Transformations General Purpose Technologies and Long-term Economic growth, Oxford:
Technology and Economic growth in the Age of Globalization, Hoboken: John Wiley & Sons, 255ff. Mowery, D c.,J. T. Macher, A. Di Minin (2007), The"Non-Globalization"of Innovation in the Semiconductor Industry, California Management Review 50, 223ff.
Press, New york Schön, L. 2009)‘ Technological Waves and Economic growth Sweden in an International Perspective 1850-2005',paper 2009/06, Circle, Lund University Stehrer, R
IT--facilitated clusters is emerging that could bring significant economic growth and wealth to sector participants.
green economic growth and impressive returns in investment are lost not. The authors are keen to discuss with readers how the research agenda can be progressed.
First, it encourages OI scholars to conduct their research within a broader economic growth perspective as this paper reveals that OI practices are connected closely to a country's specific innovative context.
Its ultimate goals are economic growth, job creation, and acquisition of international skills. Each innovation system performs differently in achieving its supposed aims.
The Politics of State Policy Innovation, Louisiana State university Press, Baton rouge, 2007.46 C. Freeman, Continental, national and sub-national innovation systems complementarity and economic growth, Res.
for Romania the small and medium businesses are representing the engine of the economic growth and a vector for disseminating the research and development results.
but also bring more economic growth, employment, a better balance of payments, improve the labor conditions etc. There is clearly a link between microeconomic issues such as entrepreneurial startups and macroeconomic performance.
Ireland's enterprise structure is shifting as services contribute a greater proportion to overall economic growth.
Regions that support strong and dynamic enterprises are crucial to Ireland's return to overall economic growth.
Unlike most other regions in Ireland, the East's employment was not dominated by construction sector during Ireland's period of rapid economic growth.
is to shift economic growth toward export oriented sectors and activities and to stimulate employment opportunities in particular.
SOUTH EAST EMPLOYMENT ACTION PLAN FORFÁS 1. Background and Context Introduction All of the regions in Ireland have potential for economic growth and employment creation.
Completing the Atlantic corridor from Galway to Waterford (including the N25) remains an important medium-term priority for the development agencies to support sustained economic growth and job creation.
Applications should be sent to rights@oecd. org 3 FOSTERING INNOVATION TO ADDRESS SOCIAL CHALLENGES Foreword Innovation has driven long advances in productivity and economic growth.
firms and public research actors recognise that modern economic growth must go hand in hand with societal progress.
There is a wide consensus that the disconnection between economic growth and wellbeing is increasing. At the same time research and innovation have become one of the main engines of growth However,
but notice that much of the thrust and efforts to mobilise STI for society have focused on economic objectives such as competitiveness and economic growth.
Today, there is a growing consensus that the disconnection between economic growth and social welfare is increasing. Growth does not automatically lead to social welfare anymore
This results in the persistence of social challenges even in countries with significant economic growth and a growing social division between different population classes and countries.
This wave contributes to the economic growth. A proliferation of organizations working on the boundaries of research and practical action.
then this will be visible not only 71 FOSTERING INNOVATION TO ADDRESS SOCIAL CHALLENGES in terms of economic growth figures,
Putting economic growth on a more stable footing in future will require Ukraine to address important challenges.
Infrastructure (95th), strained by rapid economic growth, remains a major challenge for the country despite some improvement in recent years, with particular concerns about the quality of roads (120th) and ports (113th.
Despite this rather optimistic outlook, the region may face the interrelated potential headwinds of a less robust recovery in the United states, a deceleration in the economic growth of China and other Asian emerging economies,
and the sovereign debt crisis in Southern Europe that is affecting the economic growth forecast in all of Europe.
Against this backdrop, boosting national competitiveness by raising productivity is the best way to ensure economic growth over the longer term and increase the region's resilience to economic shocks.
and support economic growth going into the future. Jordan improves by seven positions to 64th rank. The country was affected considerably by the global financial and economic crisis in recent years.
which is the local agency for employment and economic growth for the area of Barcelona35. Growing a Digital Social Innovation Ecosystem for Europe 69 Some other examples come from private organisations.
and aims to deliver sustainable economic growth and social benefits from Information and Communication Technologies (ICT).
while focusing scarce human and financial resources in a few globally competitive areas in order to boost economic growth and prosperity. 14 For more information about previous innovation activities funded by the EU,
i e. why the instrument is perceived as important for economic growth, what are the challenges and barriers,
Information and communication technologies (ICT) are a powerful driver for economic growth, innovation and increased productivity.
sustainable and inclusive economic growth through the realisation of the digital single market and the exploitation of the potential for innovation of fast and ultra fast internet and interoperable services and applications.
and more effective use of digital applications and services spurring innovation, increased competitiveness and economic growth.
capable of generating economic growth and employment and strengthening the competitiveness of the EU economy. They bear enormous market potential.
and underpin future economic growth, jobs, and progress towards a resource-efficient economy. Further leverage and complement support for innovation in SMES and other funding,
and strategic focus promises significant impact on economic growth and job creation, and has the potential to act as a catalyst by contributing to and/or leveraging other activities supported,
Europe's future economic growth and job creation must come from innovation in products, services and business models.
Transport drives employment, economic growth and global exports. It provides citizens, societies and economies with essential resources and means of mobility.
There needs to be a decoupling of economic growth from resource use. With natural resources becoming scarcer, encouraging a more sustainable use of our limited natural resources is essential both for our well-being and for Europe's economic development.
helping to promote innovation and economic growth in the EU, while protecting Europe's society, economy, assets and fundamental rights.
What are the main impacts of ICT adoption with regard to employment, competitiveness, economic growth, transport safety, efficiency and possible cost reductions (distribution costs), technological innovation and for entering into new markets?
EU-KLEMS Growth Accounts include measures of economic growth, productivity, employment creation, capital formation and technological change at the industry level for 25 EU Member States as well as for the United states. In general
at a rate of 2. 8%per year since1995 2004, was broadly in line with economic growth, which was 2. 3%on average in the same period.
which the challenging Lisbon objectives (for Europe to become the most competitive and dynamic knowledge-based economy in the world, capable of sustainable economic growth,
and promoting economic growth. In the transport industry, RFID systems have the inherent capacity to assist in vehicle identification,
the 109 EU-KLEMS is a database on measures of economic growth, productivity, employment creation, capital formation and technological change at the industry level for all European union member states from 1970
because Robert Solow (1957) was one of the first economists who pointed out the significance of disembodied technical change for economic growth opposite to the classical view that in particular capital accumulation,
Helpman, E. Ed.),General Purpose Technologies and Economic growth. MIT Press, Cambridge, MA, pp. 55 83.
Helpman, E. Ed.),General Purpose Technologies and Economic growth. MIT Press, Cambridge, MA, pp. 85 119.
U s. economic growth in the information age. Brookings Papers on Economic activity, 31,1), pp. 125-235. Jovanovic, B. and Rousseau, P. L. 2005.
General Purpose Technologies, in"Handbook of Economic growth,"Philippe Aghion & Steven Durlauf (ed.),Handbook of Economic growth, Elsevier, Edition 1, Volume 1, Number 1.
In terms of economic growth, this means also high potential for the expansion of current markets and the creation of new ones.
and care for the environment to support future growth How to foster economic growth while respecting the environment and coping with a growing shortage in resources?
Australia has experienced 23 years of economic growth. Over the last three decades the value of our exports has risen fourfold.
This Agenda is an integral step along the path of economic growth and prosperity. I welcome the debate this paper will foster.
resulting in fewer jobs and lower economic growth. If left unaddressed, our declining competitiveness will represent the start of an unacceptable slide into mediocrity.
improving tax settings for productivity, international competitiveness and economic growth; improving incentives to work, including through the interaction of the tax and transfer systems;
and Competitiveness Agenda Industry Competitiveness 2 Industry Innovation and Competitiveness Agenda The Case for Reform Australia has enjoyed 23 years of uninterrupted economic growth, in large part due to the economic
of uninterrupted economic growth we have seldom been outside the top dozen countries globally in per capita GDP (The Conference Board, 2014.
productivity and economic growth (see Box A2). Box A2: Policy settings for competitiveness, productivity and growth Macroeconomic stability through strong public finances, independent monetary policy aimed at low and stable inflation, a floating exchange rate,
Jobs in the‘market'sector of the economy, on which long term economic growth and government revenues depend,
Agenda Industry Competitiveness 22 Industry Innovation and Competitiveness Agenda The Government's Industry Innovation and Competitiveness Agenda will foster stronger and more enduring economic growth.
contributing strongly to national economic growth and competitiveness. There are over 2 million Australian small businesses (Department of Industry, Innovation, Science, Research and Tertiary education, 2012.
This is why small business entrepreneurs are important to future economic growth, improved job prospects and better living standards.
improving tax settings for productivity, international competitiveness and economic growth; improving incentives to work, including through the interaction of the tax and transfer systems;
The Financial System Inquiry is examining how the financial system could be positioned to best meet Australia's evolving needs and support economic growth.
Together with construction, the financial services and insurance industry was second only to mining in its contribution to economic growth last year
For example, one estimate is that scientific and technological advances have produced roughly half of all United states economic growth in the last 50 years.
the Government is delivering an $11. 6 billion Infrastructure Growth Package to support economic growth, give businesses the opportunity to prosper,
The 15-year infrastructure plan will provide a blueprint of nationally significant infrastructure required to drive economic growth,
or indirectly by supporting improved productivity and economic growth. Upgrading the skills of all types of workers,
Tax policy Reform and Economic growth: OECD Tax policy Studies No. 20. Paris: OECD. OECD. 2011a. Strategic Transport Infrastructure Needs to 2030.
Renewal has always been important for economic growth in Norway. We must act now so that Norway shall be among the world's best countries to live in,
The framework sets out the Government's ambition for UK science and innovation over the next decade, in particular their contribution to economic growth and public services,
The importance of SMES growth and their sustainability cannot be overemphasized for Malaysian economic growth and development especially in this competitive global environment.
and underpin future economic growth, jobs, and progress towards a resource-efficient economy. Further leverage and complement support for innovation in SMES and other funding,
and strategic focus promises significant impact on economic growth and job creation, and has the potential to act as a catalyst by contributing to and/or leveraging other activities supported,
to achieve the highest sustainable economic growth and employment and a rising standard of living in member countries,
In the longer term, the resulting productivity increases are the basis for higher economic growth and rising living standards. and provide social benefits.
Therefore, supply-side bottlenecks in the trade and investment areas and the way in which governments, development partners and the private sector itself address these constraints have direct implications for the economic growth potential of transition and developing countries.
Jacobs thus develops a theory about how a greater variety of industries within a geographic region promotes knowledge externalities, ultimately innovative, activity and economic growth. 14 50.
Politicians and administrators who are members of major institutions working with economic growth issues, such as Tillväxtverket and Näringsdepartementet,
Analysis of the productivity concept has given a central role to knowledge in economic growth (Neale 1984.
European Economic growth. 39 (5), 859 887. Cohen, W. M. and Levinthal, D. A. 1989. Innovation and learning:
The markets for learning and educational services a micro explanation of the role of education and competence development in macro economic growth.
A contribution to the empirics of economic growth. Quarterly Journal of Economics 107 (2), 407 437.
Investment in humans, technological diffusion, and economic growth. A e. R. Papers and Proc 56 (May), 69 75.
Human wealth and economic growth. The Humanist 19,71 81. Schultz, T. W. 1971. Investment in human capital:
as suggested by Rostow (1960) in his study on the stages of economic growth. It also and especially refers to the voluntary actions taken jointly by entrepreneurs
Rather than explaining the links between innovation and economic growth (Amable, Barré and Boyer, 1997), this new approach seeks to understand the heterogeneous innovation processes that bring about social change at the meso-social and micro-social levels.
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