INNOVATION, PATENTS AND ECONOMIC GROWTH

2007 ◽  
Vol 11 (02) ◽  
pp. 279-297 ◽  
Author(s):  
RIFAT A. ATUN ◽  
IAN HARVEY ◽  
JOFF WILD
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Competitive Advantage ◽  
Life Sciences ◽  
The European Union ◽  
Enterprise Value ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Us ◽  
The Eu

Empirical evidence demonstrates the value of intellectual property (IP) in creating economic growth, enhancing productivity and profitability, and increasing enterprise value. Research and Development (R&D) intensive industries, such as the life sciences, where patents are critical to competition, need an enabling environment to institutionalise innovation and IP generation and reward investments in IP. The US has approached IP strategically and created an IP infrastructure. Japan aims to develop into an "IP nation". China has an increasingly well-developed IP system. In contrast, the European Union (EU), which aims to become the world's leading knowledge-based economy, has a fragmented and expensive system of national patents. It lacks an environment which values investment in IP generation and management. Until recently, the EU enjoyed global competitive advantage in the life sciences, but this advantage has been lost. To regain this competitive advantage the EU must invest substantially in R&D, IP generation and commercialisation of these outputs.

scholarly journals Innowacyjnoœść polskich przedsiębiorstw na tle Unii Europejskiej

2008 ◽  
Vol 4 ◽  
pp. 110-118
Author(s):  
Paweł Mielcarek
Keyword(s):  
European Union ◽  
Significant Role ◽  
The European Union ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Eu

One of the most crucial factors of development of a knowledge-based economy is the innovativeness of enterprises, which leads to the growth the competitiveness of firms and econo-mies. The main goal of the article is to examine the innovativeness of Polish enterprises againstthe backcloth of the European Union and relation of innovativeness and development of knowledge-based economy. According to a study carried out by Eurostat (CIS 4) in the years 2002–-2004, the chief source of innovation in Poland and the entire European Union is enterprises’ inhouse research. A much less significant role is played by higher schools and public R&D units.Polish enterprises are below the EU average, both in terms of the proportion of firms engaged ininnovative activity and the proportion of those which have applied for patents.

The European Union oil dependency: a threat to economic growth and diplomatic freedom

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rafael Alexis Acevedo ◽  
Maria Lorca-Susino
Keyword(s):  
Economic Growth ◽  
European Union ◽  
The European Union ◽  
Difficult Situation ◽  
Content Type ◽  
Energy Dependency ◽  
The Us ◽  
The Usa ◽  
Data Statistics ◽  
The Eu

Purpose This paper provides a general review of the current energy dependency of the European Union (EU) and the possible threat that it poses to economic growth and diplomatic freedom. Design/methodology/approach Systematic literature review with a narrative approach to analyze historical data, statistics and energy policies and determine if the EU oil dependency represents a threat to economic growth and diplomatic freedom. In addition, a review of the US policy “America first” is also included to analyze its impact on the EU. Findings The energy dependency rate of the EU increased 12 percentage points from 1990 to 2018. Russia has become the largest oil supplier for the EU tripling Norway, the largest supplier in the 1990s. The oil dependency of the EU on Russia is a difficult situation where guaranteed energy supply and diplomatic freedom becomes a national political controversy. Even though the USA is currently a top world exporter of oil, the EU does not rely on the USA. The findings suggest that the EU needs to secure a reliable energy supplier to guarantee economic growth, reduce energy scarcity and enhance diplomatic freedom. Originality/value This paper provides a historical examination of the EU oil dependency considering its impact on economic growth and diplomatic freedom.

scholarly journals Implementation of the Lisbon Strategy Targets at the Regional Level in the EU and Slovenia

2014 ◽  
Vol 8 (1-2) ◽  
Author(s):  
Aleksander Aristovnik ◽  
Andrej Pungartnik
Keyword(s):  
European Union ◽  
Regional Level ◽  
The European Union ◽  
Lisbon Strategy ◽  
Monitoring Method ◽  
Eu Member States ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Time Distance ◽  
The Eu

In 2000, the European Union set itself a target in the Lisbon Strategy to become the most dynamic, competitive and knowledge-based economy in the world in ten years, whereas during the mid-term review, which was held five years later, it redefined its two main objectives: creation of new and better jobs and achievement of stronger, lasting economic growth. This paper aims to study the current situation in the European Union and Slovenia regarding the implementation of the targets of the renewed Lisbon Strategy. The analysis focuses on establishing at what stage the EU is in the attainment of its goals and how successfully it has implemented the strategy at the regional level of the EU Member States. The basic tools in the analysis included the time-distance monitoring method and a presentation of the time lead or lag in the implementation of the selected Lisbon Strategy targets at the NUTS 2 regional level of the enlarged EU and Slovenia.

scholarly journals Hungary’s employment policy from the point of view joining the European Union

2009 ◽  
pp. 189-197
Author(s):  
Andrea Szabó
Keyword(s):  
European Union ◽  
Action Plan ◽  
Point Of View ◽  
The European Union ◽  
Employment Policy ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Social ◽  
The World ◽  
The Eu

What is a place of work? Is it a commitment to work, or continuous pressure under work, or hunting for income? This article is a brief review about the main milestones of the employment history of the European Union and Hungary. In 1989, the Social Charta about the social principles of employee was issued. In 1997 the employment policy became the part of the acquis communautaire. Finally, in 1998, the EuropeanEmployment Strategy was developed, which contains the community employment guidelines. In the year of millennium, the new long term concept of the EU, the Lisbon Strategy was approved. In this document the EU was targeted as the most dynamic and competitive knowledge-based economy in the World till 2010. The Tens joint to the EU in 2004, and a bit later it became clear, that the EU is light-armed against some of the world economy challenges. As a consequence, many objectives of the Strategy could not be reached. Recently member states of the EU have to develop the national action plan for employment year by year. The hungarian plans were developed as well, but the wrong labour market’s parameters haven’t been changed since 2004.

TTIP, CETA, and TiSA Behind Closed Doors

2017 ◽  
Author(s):  
Panagiotis Delimatsis
Keyword(s):  
European Union ◽  
Global Governance ◽  
Early Stage ◽  
European Parliament ◽  
Trade Negotiations ◽  
The European Union ◽  
The Us ◽  
The Eu

Secrecy and informality rather than transparency traditionally reign trade negotiations at the bilateral, regional, and multilateral levels. Yet, transparency ranks among the most basic desiderata in the grammar of global governance and has been regarded as positively related to legitimacy. In the EU’s case, transparent trade diplomacy is quintessential for constitutional—but also for broader political—reasons. First, even if trade matters fall within the EU’s exclusive competence, the EU executive is bound by the Treaty on the Functioning of the European Union (TFEU) to inform the European Parliament, the EU co-legislator, in regular intervals. Second, transparency at an early stage is important to address public reluctance, suspicion, or even opposition regarding a particular trade deal. This chapter chronicles the quest for and turning moments relating to transparency during the EU trade negotiations with Canada (CETA); the US (TTIP), and various WTO members on services (TiSA).

EUROPEAN FISCAL RULES AS A LIABILITY IN THE TRANSATLANTIC TRADE CONFLICT: LESSONS FROM NiGEM SIMULATIONS

2020 ◽  
Vol 254 ◽  
pp. R54-R66 ◽  
Author(s):  
Sebastian Dullien ◽  
Sabine Stephan ◽  
Thomas Theobald
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Fiscal Policy ◽  
Fiscal Rules ◽  
The European Union ◽  
Negative Effects ◽  
Transatlantic Trade ◽  
The Us ◽  
Trump Administration

Under the Trump administration, a transatlantic trade conflict has been escalating step by step. First, it was about tariffs on steel and aluminium, then about retaliation for the French digital tax, which is suspended until the end of the year. Most recently, the US administration threatened the European Union with tariffs on cars and car parts because of Canadian seafood being subject to lower import duties. As simulations with NiGEM show, a further escalation of the transatlantic trade conflict has the potential to slow down economic growth significantly in the countries involved. This is a considerable risk given the fact that the countries have to cope with the enormous negative effects of the pandemic shock. Furthermore, the damage caused by the trade conflict depends on the extent to which the affected countries use fiscal policy to stabilise their economies.

scholarly journals The Trend of Scientific Productivity of Chinese, EuropeanUnion, and United States Universities and Private Companies: Does the Future Belong to E-Technology Companies?

Publications ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 18
Author(s):  
Mauro G. Carta ◽  
Matthias C. Angermeyer ◽  
Silvano Tagliagambe
Keyword(s):  
United States ◽  
European Union ◽  
Scientific Productivity ◽  
The United States ◽  
The European Union ◽  
Private Companies ◽  
American Universities ◽  
The Us ◽  
Parametric Statistics ◽  
The Eu

The purpose is to verify trends of scientific production from 2010 to 2020, considering the best universities of the United States, China, the European Union (EU), and private companies. The top 30 universities in 2020 in China, the EU, and the US and private companies were selected from the SCImago institutions ranking (SIR). The positions in 2020, 2015, and 2010 in SIR and three sub-indicators were analyzed by means of non-parametric statistics, taking into consideration the effect of time and group on rankings. American and European Union universities have lost positions to Chinese universities and even more to private companies, which have improved. In 2020, private companies have surpassed all other groups considering Innovation as a sub-indicator. The loss of leadership of European and partly American universities mainly concerns research linked to the production of patents. This can lead to future risks of monopoly that may elude public control and cause a possible loss of importance of research not linked to innovation.

scholarly journals URBANIZATION AND DYNAMICS OF ECONOMIC GROWTH (THE CASE OF NUTS 2 REGIONS OF EUROPEAN UNION)

2019 ◽  
pp. 15-29
Author(s):  
Michaela Staníčková ◽  
Lukáš Melecký
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Regional Development ◽  
Urban Areas ◽  
Economic Structure ◽  
The European Union ◽  
Endogenous Factors ◽  
Development Policies ◽  
Regional Development Policies ◽  
The Eu

Regional development policies based on local potential triggers a shift in the economic structure of territories. Exogenous and endogenous factors determine potential of regional development and it is necessary to use different indicators and methods to its evaluation. For the paper purpose, it is required to define metropolitan and peripheral functions as well as urban areas in the form of geographic models, depicting their spatial distribution in the European Union (EU). Nowadays, regions are increasingly becoming the drivers of the economy. All regions possess development opportunities – however, use these options enough, and hence the competitiveness of regions must be efficient enough. The paper focuses on dividing the EU NUTS 2 regions based on geographic models of the European economy into efficient and inefficient ones and identifying an optimal benchmark for inefficient regions as a strategy for enhancing their economic structure to measure regional efforts and progress.

European Union and China Relations in the Light of Changing Global Order

2020 ◽  
pp. 417-434
Author(s):  
Sedef Eylemer ◽  
Elif Cemre Besgur
Keyword(s):  
European Union ◽  
The European Union ◽  
Relationship Context ◽  
Normative Identity ◽  
The Us ◽  
The World ◽  
Normative Basis ◽  
Strategic Perspective ◽  
Trade Wars ◽  
The Eu

The European Union (EU), United States (US), and China are the main global drivers of the international trade system. However, trade wars between them create tensions in the world. As the world is facing increasing neo-protectionist trade applications of the Trump administration, this chapter analyses whether a greater convergence between China and the EU is possible for protecting multilateralism through two case studies, namely (1) market conditions and discrimination, (2) cybersecurity. In this context, the chapter argues that although the US pressure has led the EU to rapprochement with China, this situation creates a dilemma for the EU in terms of the fears about the problems of alignment with the normative identity of the EU. Whereas the EU aims at regulating the global trade on a normative basis originating from its acquis, China has a more strategic perspective based upon specific relationship context. It is difficult to take a side for the EU due to its different standpoint compared to China in defending the multilateral trading system.

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