Dynamic Regions in a Knowledge-Driven Global Economy: Lessons and Implications for the European Union
Project Objectives
This research project, funded from the European Communities' RTD 6th Framework Programme, will analyse the growth performance of emerging dynamic regions, (China, India, SE Asia, Brazil, Russia, Central Europe), examine their shifting comparative advantages and roles in a knowledge-driven world economy and draw lessons and policy implications for the EU from: a) the factors underlying growth performance, particularly the role of knowledge and innovation in fostering growth at firm, industry, region and country levels; b) the role of shifting comparative advantages in the new growth regions, on patterns of world growth and development, competitiveness, inequalities and convergence; c) public policies shaping the dynamic economic performance of firms, industries, regions and countries to find lessons and policy implications for the EU. The research output will contribute to the advancement of theory, methodology and empirical analysis of the factors driving dynamic spaces in the world economy and their implications for EU competitiveness and growth.
Project Structure
This research is organised in four co-ordinated and complementary work packages (WPs):
WP1: Dynamic growth regions, innovation and competitiveness in a knowledge-driven world economy will provide a theoretical and methodological framework for the research. Co-ordinator: Dr Iulia Siedschlag, ESRI, Iulia.Siedschlag@esri.ie.
WP2: Understanding the growth performance of dynamic regions will analyse the sources and driving forces of dynamic growth. Co-ordinator: Prof. Dr. George Petrakos, University of Thessaly petrakos@uth.gr)
WP 3, Consequences of dynamic growth will identify changing comparative advantages and consequences of dynamic growth on world patterns of growth and development, competitiveness, inequalities and convergence. Co-ordinator: Dr Laura Resmini, University “Luigi Bocconi”, Milan laura.resmini@uni-bocconi.it)
WP 4 Emerging dynamic growth regions: Lessons and policy implications for the EU will summarise the main findings of WP 2 & 3 and assess their policy implications for the EU. In addition, the research team will analyse the role of public policies in shaping the dynamic economic performance of firms, industries, regions and countries. Co-ordinator: Prof. Dr. Juergen von Hagen, University of Bonn vonhagen@uni-bonn.de
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