major driver of economic growth: entrepreneurship. It is acknowledged widely that entrepreneurship is one of the most important forces that shape the changes in the
economic growth, productivity, innovation and employment. In this sense, many countries members and partners of the Organization for Economic Co-operation and
highlighted as an important factor for aggregate economic growth and performance over time. In fact, Schumpeter (1934) was among the first to emphasize the role of
Absorptive capability and economic growth: how do countries catch up? Cambridge Journal of Economics, 28,577-596 152
economic growth: evidence from GEM data. Small Business Economics, 24,335 -350 Yamada, K. and Eshima, Y. 2009.
Schã n, L. 2009) †Technological Waves and Economic growth †Sweden in an International Perspective 1850-2005â€
multinational enterprises act as anchor companies to stimulate economic growth, while network organisations are in place to nurture academia-industry collaborations
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
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
industrial employer and an important driver of economic growth in the region (ECRN, 2010 82 We only consider those clusters in Europe with high focus
to technology development as a basis for economic growth. European countries tend to emphasise the funding of (basic) research and industry-science collaboration, though they also
Helpman, E. 1998), General Purpose Technology and Economic growth, Boston: MIT House of commons (2003), UK Biotechnology Industry, London:
and Long-term Economic growth, Oxford: Oxford university Press Liu, S.-J. 2007), Changsha government arranged the marriage of production industries trees produce
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
their research within a broader economic growth perspective as this paper reveals that OI practices are connected closely to a
46 C. Freeman, Continental, national and sub-national innovation systems†complementarity and economic growth, Res. Policy 31 (2)( 2002) 191†211
economic growth and a vector for disseminating the research and development results. The increase of the small and medium businesses sector had a positive influence upon the businesses
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
All of the regions in Ireland have potential for economic growth and employment creation. It is critical that we focus on the potential within regions to position them as key contributors
contribute a greater proportion to overall economic growth. Urban centres are attractors for knowledge intensive and services activities,
return to overall economic growth Regional Competitiveness for Enterprise Ensuring an optimum business environment'on the ground'within the regions requires a
rapid economic growth Points of Interest ï§With well over a third of Ireland†s population, the East region is the most populous and
country), is to shift economic growth toward export oriented sectors and activities and to stimulate employment opportunities in particular
Putting economic growth on a more stable footing in future will require Ukraine to address important challenges.
economic growth, remains a major challenge for the country despite some improvement in recent years, with particular concerns about the quality of roads (120th
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
support economic growth going into the future Jordan improves by seven positions to 64th rank The country was affected considerably by the global
-ment and economic growth for the area of Barcelona35 69growing a Digital Social Innovation Ecosystem for Europe
and aims to deliver sustainable economic growth and social benefits from Information and Communication Technologies (ICT.
to boost economic growth and prosperity 14 For more information about previous innovation activities funded by the EU,
perceived as important for economic growth, what are the challenges and barriers how the next programming period will still support them
economic growth, innovation and increased productivity. Data from the 2010 Digital Competitiveness report77 reveals that while representing 5%of GDP, ICT
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
economic growth. For instance, copyright rules are based nationally and therefore prevent the full harnessing of the digital single market.
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 ï Further leverage
With an ageing population and strong competition from emerging economies, Europe†s future economic growth and job
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
to promote innovation and economic growth in the EU, while protecting Europe†s society, economy, assets and fundamental
1. 2 The Fundamental Role of ICTS in Modern Economic growth and Development 2. THE BUSINESS CASE FOR ENGAGEMENT 9
The past fifty years have witnessed a â€oerevolution†in global economic growth. Yet not everyone has participated in this revolution
1. 2 The Fundamental Role of ICTS in Modern Economic growth and Development Unbound from the strictures of the PTT days, ICT has become the foundation of every sector of every
number of critical obstacles to economic growth (see Box 1 BOX 1 ICTS HELP ADDRESS ECONOMIC OPPORTUNITY OBSTACLES
Drivers for international economic growth and development †offering equity investments, loans, and technical assistance for entrepreneurs and existing companies seeking to establish
precondition for converting large revenues from extractive industries into economic growth and poverty reduction When transparency and accountability are weak,
of Telecoms on Economic growth in Developing Countries. †In Vodafone 2005. Africa: The Impact of Mobile phones.
Telecoms on Economic growth in Developing Countries. †In Vodafone 2005. Africa: The Impact of Mobile phones.
Economic growth, and Reduce Poverty in Developing Countries Jane Nelson 2006 Tanzania: Lessons in Building Linkages for Competitive and Responsible Entrepreneurship
regard to employment, competitiveness, economic growth, transport safety efficiency and possible cost reductions (distribution costs), technological innovation and for entering into new markets
Accounts include measures of economic growth, productivity, employment creation, capital formation and technological change at the industry level for 25 EU
was broadly in line with economic growth, which was 2. 3%on average in the same period. The fast growth of freight transport †driven to a large extent by economic
economic growth. In the transport industry, RFID systems have the inherent capacity to assist in vehicle identification, tracking
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
change for economic growth opposite to the classical view that in particular capital accumulation, i e. embodied technical change is the key driver of growth
Helpman, E. Ed.),General Purpose Technologies and Economic growth MIT Press, Cambridge, MA, pp. 55†83
Ed.),General Purpose Technologies and Economic growth. MIT Press, Cambridge, MA, pp. 85†119 Hitt, L. M.,Culnan, M. J. and Armstrong, P. K. 1999.
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
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
and lower economic growth. If left unaddressed, our declining competitiveness will represent the start of an unacceptable slide into mediocrity.
Australia has enjoyed 23 years of uninterrupted economic growth, in large part due to the economic reforms of past decades and the massive boost to our incomes from the resources boom.
During Australia†s 23 years 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
sector of the economy, on which long term economic growth and government revenues depend, have grown even more slowly, averaging just 0. 9 per cent annually (Chart 9). For
more enduring economic growth At the heart of the Agenda is need the to invigorate Australian businesses:
innovation leaders, contributing strongly to national economic growth and competitiveness There are over 2 million Australian small businesses (Department of Industry, Innovation
support economic growth. The Inquiry will make recommendations to foster an efficient competitive and flexible financial system
half of all United states economic growth in the last 50 years. STEM may become an even
Infrastructure Growth Package to support economic growth, give businesses the opportunity to prosper, and expand the economy†s long term productivity.
required to drive economic growth, and when specific infrastructure will be needed. For the first time, Australia will have integrated an plan of infrastructure needs across transport, water
productivity and economic growth Upgrading the skills of all types of workers including managers, is central to firm
Tax policy Reform and Economic growth: OECD Tax policy Studies No. 20. Paris oecd OECD. 2011a. Strategic Transport Infrastructure Needs to 2030.
and innovation. renewal has always been important for economic growth in norway We must act now
-ence and innovation over the next decade, in particular their contribution to economic growth and pub -lic services,
Malaysian economic growth and development especially in this competitive global environment. Despite the government focus on SMES,
and underpin future economic growth jobs, and progress towards a resource-efficient economy ï Further leverage
†to achieve the highest sustainable economic growth and employment and a rising standard of living in member countries, while maintaining financial
economic growth and rising living standards †and provide social benefits Governments have recognised increasingly the contribution that â€oesocial entrepreneurship†can make to
implications for the economic growth potential of transition and developing countries SMES have an important role
externalities, ultimately innovative, activity and economic growth. 14 50. There is also theoretic debate about the effect of competition on innovative activity.
institutions working with economic growth issues, such as Tillvã¤xtverket and Näringsdepartementet, as well as those working with innovation activities such as
has given a central role to â€oeknowledge†in economic growth (Neale 1984. Empirical evidence shows that countries with higher R&d activities per employee have higher levels of
European Economic growth 39 (5), 859†887 Cohen, W. M. and Levinthal, D. A. 1989. Innovation and learning:
of the role of education and competence development in macro economic growth. Paper prepared for the OECD Directorate for Social affairs, Manpower and Educationâ€
economic growth. Quarterly Journal of Economics 107 (2), 407†437 Mansfield, E. 1962. Entry, Gibrat†s law, innovation,
economic growth. A e. R. Papers and Proc 56 (May), 69†75 Nelson, R. R. and Winter, S g. 1978.
Human wealth and economic growth. The Humanist 19, 71†81 Schultz, T. W. 1971. Investment in human capital:
economic growth. It also and especially refers to the voluntary actions taken jointly by entrepreneurs and organizations to appropriate the innovative process,
economic growth and prosperity. ††RIS Guide 18 Research and Innovation Strategies for Smart Specialisation (RIS3
ensuring that there will be economic growth. The entrepreneurial knowledge is used to define each RIS3 and it is known as †the entrepreneurial process of discovery18.
•Increased economic growth •Better products and services •Initiatives towards solving societal challenges In 2009, public procurements accounted for about 19%of the European Union†s GDP,
are crucial for fostering economic growth within local companies allowing for a better †entrepreneurial process of discovery†and resulting in better RIS3
development of comparative advantage and more broadly in driving economic growth; ii) policy intelligence for identifying domains of present or future comparative advantage and;
economic growth. As such smart specialisation aims to accelerate structural change by encouraging the transformation of economic activities from a structural perspective.
its productivity, competitiveness and economic growth path. It is a logical continuation in the process of deepening, diversifying and specialising of more general innovation strategies, taking into account
economies †as well as emerging economies-restart economic growth by leveraging innovation led/knowledge-based investments in regions
theories of economic growth (e g. the theory of the division of labour by Adam smith) and notably trade specialisation.
competitiveness and economic growth. Another important feature of the smart specialisation concept is that through policy interventions focused on releasing entrepreneurial forces,
investments, in order to stimulate competitiveness, productivity and economic growth through entrepreneurial activities. Smart specialisation â€oestrategies†can be viewed as a mix of modern industrial
economic growth, in order to support them •Educational programmes: updating the skills required by the increasingly cross-sectoral and
economic growth, infrastructure, natural resources and new materials. The second regional foresight project (The Technology Perspective Krakã w-Maå opolska 202035) was carried out in
economic growth and development was highlighted also by Joseph Schumpeter in his Theory of economic development (1912) who considered the entrepreneur†s task
Linking Entrepreneurship and Economic growth, Small Business Economics, August 13 (1): 27-55 World bank (2009. Innovative Firms or Innovative Owners?
Dutch economy, it is still responsible for 25%of our economic growth 16. The enormous changes and issues this trend can bring about can be illustrated by the emergence of
Interest in SMES is concerned primarily with their role in stimulating economic growth 3. However, SMES face common
innovate has been viewed as a critical element in economic growth and renewal (Wolff & Pett, 2006; Verhees & Meulenberg
Knowledge creation, entrepreneurship, and economic growth A historical review. Industrial and Corporate Change Chaminade, C, . and J. Vang. 2008.
development via the three pillars of economic growth, ecological balance and social progress. Our members are drawn from more than 30 countries and 20
It underpins employment, economic growth and global exports, while providing citizens with resources and mobility that are essential to the quality of life
Higher productivity is the sine qua non of economic growth. 18 To see why, consider that if the EU-15 nations had maintained the productivity growth rate they enjoyed from 1980 to
Second, techno-pessimist accounts frequently conflate economic growth with productivity. The two are related but distinct, because growth can occur simply
and Economic growth in Europe: A Comparative Industry Perspective, †International Productivity Monitor 21 (2011: 3†23
â€oeproductivity and Economic growth in Europe. †Assuming 2. 8 percent productivity growth 20. The Conference Board, Total Economy Database.
Technological Diffusion and Economic growth under Network theory, †Telecommunications Policy 2014), doi: 10.1016/j. telpol. 2013.12.003
â€oeproductivity and Economic growth in Europe. †100. Ibid. 24 101. Matilde Mas, â€oeict and Productivity Growth in Advanced Economies†(working paper, University of
and Economic growth by Expanding the ITA€ (Information Technology and Innovation Foundation, March 2012), http://www. itif. org/publications/boosting
Bradford Delong and Lawrence Summers, â€oeequipment Investment and Economic growth: How Strong is the Nexus? †Brookings Papers on Economic activity 23 (1992;
of Chile The Challenges of Economic growth, Santiago, Chile, November 29-30,2001 168. Stephen Ezell and Robert D. Atkinson, â€oehow ITA Expansion Benefits the Chinese and Global
Ben Miller is an economic growth policy analyst at the Information technology and Innovation Foundation. He has a Master†s degree in International Development and
economic growth. 19 A study by Micus Management Consulting and WIK-Consult20 suggests that companies adopting broadband-based processes improve their employees†labour productivity by
and Economic growth; CESIFO Working paper no. 2861, Munich, December Elixmann, D.,Ilic, D.,Neumann, K.-H. and T. Plã ckebaum (2008:
Innovation drives economic growth and is critical to our future prosperity The development of this Strategy at a regional level is opportune as it will take advantage of the
economic growth. When properly supported they allow new methods, technologies and service to develop and grow, enhancing
signifi cant contribution to economic growth in the Midwest. However a key element of all three
strong and sustained economic growth it is essential that policy and investment decisions are focused on emerging global
Horizon 2020 is a means to drive economic growth and create jobs through investment in research
promote economic growth through research and innovation investment and growth are testament to the importance of R&i development to our national and regional economic future
future economic growth BORDER DUBLIN MIDEAST SOUTHWEST MIDWEST SOUTHEAST WEST MIDLAND â 9, 109m 6. 5
evolution is central to sustainable economic growth in any region. Research and Innovation are core components and must be developed
and expanded in order to enable economic growth in the Midwest Region. The evidence available indicates that there are strong R&i structures in the
to the potential for future economic growth and the progression of employment-related development in the Region.
support sustainable economic growth, regional development and secure employment 4. 4. 2 Industrial Development Agency (IDA
significant contribution to economic growth in the Midwest. However a key element of all three developments is the generation of innovative new concepts and ideas and the establishment of
economic growth, environmental balance and social inclusion At its meeting in May 2014, the UN Commission
Economic growth and development will remain below potential if economies are not capable of exploiting new technologies and reaping their benefits
Czernich, N.,Falck, O.,Kretschmer, T. and Woessmann, L. 2009), Broadband Infrastructure and Economic growth http://papers. ssrn. com/sol3/papers. cfm?
economic growth continues. However, policy and regulatory action will be necessary to step up a gear in broadband adoption, since fixed
the economic growth and increase competitiveness in Romania, both by direct action and support of development of effective Romanian ICT and through indirect actions such as increasing efficiency and
pursued as Romania†s vision of the ambitious program that will drive the economic growth and increased
economic growth. These 4 fields of action are summarized as follows ï Field of action 1-egovernment, Interoperability, Cyber security, Cloud computing, Open Data
comparative advantages of regional Romania and supports economic growth in the private sector The implementation of the measures of the field of action 3 will generate in the period 2014-2020
the major obstacles regarding the economic growth and employment egovernment Approach in Romania Public services and their efficiency are considered to have a significant impact on the economic and social
available online is a win-win for culture, economic growth and individual fulfillment 3. 3. 3 National context
online is a win-win for culture, economic growth and individual fulfillment. By combining policy, research
-ment and economic growth for the area of Barcelona35 69growing a Digital Social Innovation Ecosystem for Europe
economic growth, facilitates innovation, and promotes efficiency, network effects and positive externalities. The development of broadband markets, efficient and innovative supply arrangements, and
one of the measures which can boost economic growth and drive forward the Internal Market of the 21st century.
Rightsboosting creativity and innovation to provide economic growth, high quality jobs and first class products and services in Europe, COM (2011) 287 24.05.2011;
Boosting creativity and innovation to provide economic growth, high quality jobs and first class products and services in Europe, COM (2011) 287 final, 24.05.2011, available at
source of innovation and economic growth. Many organisations are aware of this, conceptually but the threshold to move into this in practise is quite
and economic growth. With strong prudential and corporate reporting framework, Australia coped well with the financial turmoil, leading to a very low
economic growth by about 0. 5%and 0. 75†1%of its GDP in 2008†09 and 2009†10, including
-novation and economic growth. Organisations that embrace this new industrial paradigm will prosper Yet, despite our awareness of the core assertion of
economic growth. As the digital world witnesses both declining transaction costs and the emergence of the so called †grown up digital†demographic as
becoming increasingly important for industry R&d and thus for economic growth 13 3. 1 Type of industry
H200721 21-12-2007 The Role of Export-Driven New Ventures in Economic growth A Cross-country Analysis
H200701 3-1-2007 Entrepreneurial diversity and economic growth H200627 21-12-2006 Motivation Based Policies for an Entrepreneurial EU Economy
H200626 19-12-2006 Export Orientation among New Ventures and Economic growth H200625 18-12-2006 Institutionele voorwaarden voor zelfstandig ondernemerschap
U s. economic growth in the Information age. Brookings Papers on Economic activity, 1, 125†211 Kargon, R, S Leslie and E Schoenberger 1992.
New Sources of Economic growth. Washington DC: Brookings Institution Van Ark, P m O†Mahony and M P Timmer 2008.
-rillasâ€. 1 These enterprises are seen as important drivers of economic growth, employment and social well -being.
economic growth and job creation) to support all SMES"a little bit, "or to concentrate efforts on those with the highest growth potential
Autio (2007a) concludes that â€oein order to promote economic growth, therefore, what really is needed are new
Is it more efficient (in terms of economic growth and job creation) to support all SMES"a little bit, "or to concentrate efforts on those with the highest growth
â€oegetting economic growth and jobs creation from entrepreneurs is not a numbers game. It is about encouraging the formation of high quality, high growth
and enhancing economic growth. †145 141 For example, the case study about Korea in this Policy Brief (see section 5. 1) mentions that the Korean government
Toward a Radiant Japan identifies SMES as an engine for future high economic growth Key characteristics of SME policies in Japan
statements, the MOIT â€oefocuses on the promotion of economic growth in Israel†and the OCS â€oeoversees all
Firm Formation and Economic growth. March. Available at http://www. kauffman. org/uploadedfiles/high-growth-firms-study. pdf
-rillasâ€. 1 These enterprises are seen as important drivers of economic growth, employment and social well -being.
economic growth and job creation) to support all SMES"a little bit, "or to concentrate efforts on those with the highest growth potential
Autio (2007a) concludes that â€oein order to promote economic growth, therefore, what really is needed are new
Is it more efficient (in terms of economic growth and job creation) to support all SMES"a little bit, "or to concentrate efforts on those with the highest growth
â€oegetting economic growth and jobs creation from entrepreneurs is not a numbers game. It is about encouraging the formation of high quality, high growth
and enhancing economic growth. †145 141 For example, the case study about Korea in this Policy Brief (see section 5. 1) mentions that the Korean government
Toward a Radiant Japan identifies SMES as an engine for future high economic growth Key characteristics of SME policies in Japan
statements, the MOIT â€oefocuses on the promotion of economic growth in Israel†and the OCS â€oeoversees all
Firm Formation and Economic growth. March. Available at http://www. kauffman. org/uploadedfiles/high-growth-firms-study. pdf
technologies for economic growth, job creation and the quality of life of European citizens, as part of the Europe 2020 strategy.
cities and Hub towns to achieve the goals of economic growth in the regions and provide for major
and value adding potential of economic growth and to achieve more sustainable patterns of settlement with the Gateway and Hubs as key areas for growth
There is obvious potential for sustainable economic growth in this area given that the Southeast Region has 434 kms. of coastline, the most attractive climate in Ireland for outdoor activities and an abundance of existing
The retail sector contributes significantly to the growth in employment and to the economic growth of the
the entire country) is to shift economic growth toward export oriented sectors and activities The outline demonstrates the suite of assets that provide a platform for growth;
commerce that will be an extra boost to the economic growth of the region PPO 6. 6 It is an objective of the Regional Authority to support the extension of the Bord Gá
-tion and investment in low-carbon technology are consistent with global economic growth 6. 3. 2 National Obligations
>Sustain economic growth and employment >Provide levels of income support to those relying on social welfare sufficient to sustain dignity and avoid
The Sources of Economic growth. Harvard university Press Nelson, R. 1977. The moon and the ghetto. New york:
real, solid drivers for economic growth Figure 5. Parameters for Defining RIS3 Choices Governments are required to draw up a document setting out their regional strategies
-R&i as a driver for economic growth -Quadruple helix public-private cooperation -Critical mass -International competitive advantage
promote economic growth, enhance business competitiveness and generate quality employment Support for businesses and job creation are,
real, solid drivers for economic growth Figure 5. Parameters for Defining RIS3 Choices Governments are required to draw up a document setting out their regional strategies
-R&i as a driver for economic growth -Quadruple helix public-private cooperation -Critical mass -International competitive advantage
promote economic growth, enhance business competitiveness and generate quality employment Support for businesses and job creation are,
•Economic growth below the national average •Decline in per capita GDP in comparison with the national average
and aims to deliver sustainable economic growth and social benefits from Information and Communication Technologies (ICT.
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.
Its aim is to deliver smart, sustainable and inclusive economic growth through the realisation of the digital single market and the exploitation of the potential for
services spurring innovation, increased competitiveness and economic growth. For instance copyright rules are based nationally and therefore prevent the full harnessing of the digital single
economic growth and employment and strengthening the competitiveness of the EU economy They bear enormous market potential.
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