Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
984786 | Research Policy | 2008 | 13 Pages |
Abstract
The first part of this article explores whether convergence has occurred in technology and income across EU regions during the period 1990-2002. The second part evaluates whether these two processes of convergence are related to each other. With respect to the first question, we find that all R&D indicators and patents have converged among regions during the 1990s and this has ran parallel to a real convergence in income per capita levels. Regarding the second question, we have identified a strong relationship between the distribution of technology indicators and the distribution of regional income in Europe. Our main result is that convergence in business R&D leads to convergence in patents, which in turn leads to convergence in income per capita. Although, we identify a role for government R&D and higher education spending in this process, the policy implications for these two variables are less clear.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Carlos Mulas-Granados, Ismael Sanz,