The Role of Regional Innovation Systems (RIS) in Translating R&D Investments into Economic and Employment Growth
The emergence of the so-called "European Paradox" shows that increasing Governmental R & D Investment is far from being a 'panacea' for stagnant growth. It is worth noting that Governmental R & D Investment does not have a statistically significant impact on emplo...
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| Lenguaje: | English |
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Universidad Alberto Hurtado. Facultad de Economía y Negocios
2015
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oai:scielo:S0718-272420150002000022015-09-04The Role of Regional Innovation Systems (RIS) in Translating R&D Investments into Economic and Employment GrowthMoutinho,RicardoAu-Yong-Oliveira,ManuelCoelho,ArnaldoPires Manso,José innovation management regional innovation systems economic policy r & d policy The emergence of the so-called "European Paradox" shows that increasing Governmental R & D Investment is far from being a 'panacea' for stagnant growth. It is worth noting that Governmental R & D Investment does not have a statistically significant impact on employment, indicating the need to assess the trade-offs of policies that could lead to significant increases in government expenditure. Surprisingly, Governmental R & D Employment does not contribute to 'mass-market' employment, despite its quite important role in reducing Youth-Unemployment. Despite the negative side-effects of Governmental R & D Employment on both GVA and GDP, University R & D Employment appears to have a quite important role in reducing Unemployment, especially Youth-Unemployment, while it also does not have a downside in terms of economic growth. Technological Capacity enhancement is the most effective instrument for reducing Unemployment and is a policy without any downside regarding sustainable economic development.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.10 n.2 20152015-07-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242015000200002en10.4067/S0718-27242015000200002 |
| institution |
Scielo Chile |
| collection |
Scielo Chile |
| language |
English |
| topic |
innovation management regional innovation systems economic policy r & d policy |
| spellingShingle |
innovation management regional innovation systems economic policy r & d policy Moutinho,Ricardo Au-Yong-Oliveira,Manuel Coelho,Arnaldo Pires Manso,José The Role of Regional Innovation Systems (RIS) in Translating R&D Investments into Economic and Employment Growth |
| description |
The emergence of the so-called "European Paradox" shows that increasing Governmental R & D Investment is far from being a 'panacea' for stagnant growth. It is worth noting that Governmental R & D Investment does not have a statistically significant impact on employment, indicating the need to assess the trade-offs of policies that could lead to significant increases in government expenditure. Surprisingly, Governmental R & D Employment does not contribute to 'mass-market' employment, despite its quite important role in reducing Youth-Unemployment. Despite the negative side-effects of Governmental R & D Employment on both GVA and GDP, University R & D Employment appears to have a quite important role in reducing Unemployment, especially Youth-Unemployment, while it also does not have a downside in terms of economic growth. Technological Capacity enhancement is the most effective instrument for reducing Unemployment and is a policy without any downside regarding sustainable economic development. |
| author |
Moutinho,Ricardo Au-Yong-Oliveira,Manuel Coelho,Arnaldo Pires Manso,José |
| author_facet |
Moutinho,Ricardo Au-Yong-Oliveira,Manuel Coelho,Arnaldo Pires Manso,José |
| author_sort |
Moutinho,Ricardo |
| title |
The Role of Regional Innovation Systems (RIS) in Translating R&D Investments into Economic and Employment Growth |
| title_short |
The Role of Regional Innovation Systems (RIS) in Translating R&D Investments into Economic and Employment Growth |
| title_full |
The Role of Regional Innovation Systems (RIS) in Translating R&D Investments into Economic and Employment Growth |
| title_fullStr |
The Role of Regional Innovation Systems (RIS) in Translating R&D Investments into Economic and Employment Growth |
| title_full_unstemmed |
The Role of Regional Innovation Systems (RIS) in Translating R&D Investments into Economic and Employment Growth |
| title_sort |
role of regional innovation systems (ris) in translating r&d investments into economic and employment growth |
| publisher |
Universidad Alberto Hurtado. Facultad de Economía y Negocios |
| publishDate |
2015 |
| url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242015000200002 |
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