The relationship between R&D, innovation and growth in Europe Online publication date: Sat, 07-Oct-2006
by Lars Ehrengren
International Journal of Management and Decision Making (IJMDM), Vol. 7, No. 6, 2006
Abstract: This study is focused on the cooperation relations behind economic growth on a macro-economic level. It is based on the fact that innovations are the driving force for economic development and that innovations are created in technological systems and are changed to economic activities. In particular, this paper focuses on relationship structures and interorganisational cooperation, using a survey of countries in Europe to investigate cooperation between government, industry and financial institutions within different types of political influenced financial systems. Different relationship structures are presented and discussed. In the final part the different cooperation structures are exemplified and illustrated with some European countries. The answer to the research question is shown in some matrices developed for different types of financial systems and with examples on countries in Europe illustrating different cooperation structures compared with statistical follow up of growth figures for each structure.
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