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    Fast growing and key enabling technologies and their impact on regional growth in Europe

    Evangelista, R. and Meliciani, V. and Vezzani, A. (2019) Fast growing and key enabling technologies and their impact on regional growth in Europe. Working Paper. Birkbeck College, University of London, London, UK.

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    Abstract

    This paper studies the specialisation of EU regions in key enabling (KETs) and fast growing (FGTs) technologies and assesses whether being specialized in these technological areas has an effect on regional growth. The evidence presented shows that only a small share of KETs are also FGTs, although the degree of overlapping between KETs and FGTs varies substantially across different KETs fields. While there is evidence of some regional convergence in KETs and, to a less extent, in FGTs, spatial correlation increases over time, showing that diffusion often occurs across contiguous regions. Finally, the results of the estimations of the effects of KETs and FGTs on GDP per capita growth show that only specialisation in KETs affects regional economic growth, while no significant effects are found for FGTs. Overall, these results confirm the pervasive nature and enabling role of KETs pointing to the importance for European regions to target these technologies as part of their smart specialization strategies.

    Metadata

    Item Type: Monograph (Working Paper)
    Additional Information: CIMR Research Working Paper Series no.42, ISSN 2052-062X
    Keyword(s) / Subject(s): Key Enabling Technologies, Fast Growing Technologies, Regional Growth, Technological Specialization
    School: Birkbeck Schools and Departments > School of Business, Economics & Informatics > Management
    Research Centre: Corporate Governance and Ethics, London Centre for, Innovation Management Research, Birkbeck Centre for
    Depositing User: Administrator
    Date Deposited: 14 Oct 2019 07:24
    Last Modified: 16 Oct 2019 08:22
    URI: http://eprints.bbk.ac.uk/id/eprint/29461

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