Globalization, Economic Growth and Innovation Dynamics / Edition 1by Paul J.J. Welfens, John T. Addison, David B. Audretsch, Thomas Gries
In the new global economy, more countries have opened up to international competition and rapid capital flows. However, in the triad the process of globalization is rather asymmetric. With a rising role of multinational companies there are favorable prospects for higher global growth and economic catching-up, respectively. Theoretical analysis suggests key… See more details below
In the new global economy, more countries have opened up to international competition and rapid capital flows. However, in the triad the process of globalization is rather asymmetric. With a rising role of multinational companies there are favorable prospects for higher global growth and economic catching-up, respectively. Theoretical analysis suggests key ingredients of sustained growth, but there is also a new concept of a long-term equilibrium income gap in which convergence is rather unlikely. The analysis also picks up European and US labor market issues in the context of economic globalization and raises the question of which EU policies in the field of labor market reform and of innovation policies are adequate.
- Springer Berlin Heidelberg
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- 9.21(w) x 6.14(h) x 0.50(d)
Table of Contents
Preface.- Globalization of the Economy and Increasing International Competition.- Rising International Trade in a Broader Perspective.- The Increasing Role of Foreign Direct Investment.- Global Telecoms Networks and New Communication Technologies.- Russia and China as New Players.- Increasing High Technology Competition and Rising Role of Trade and FDI.- MNCsgrave; Role for Environmental Policy and Social Policies.- Theory of Globalization: Trade and Growth Theory in a Technological Perspective with FDI.- MNCsgrave; Impact upon National Economies and the EU.- Foreign Direct Investment in the Triad and Eastern Europe.- Human Capital Accumulation, Globalization and Global Productivity Growth.- Empirical Characteristics of the Global Growth Process.- Local Characteristics, Global Integration and Growth.- Human Capital Requirements for Technology Upgrading in a Global Economy.- Upgrading and Change in Competitive Positions.- Regional Competition and Human Capital Allocation.- Theoretical and Practical Aspects of High Technology Policy.- Endogenous Growth Theory and Theory of High Technology Policies.- Trends in International Innovations and the Presencs of MNCs.- International Trends in Service Industries.- Skill Requirements and Technology Dynamics.- Technology Dynamics, Skills, and Unemployment.- New Firms and Small Firms: Role for Innovation and Structural Change.- Labor Reallocation in Dynamic Markets.- Firms from Eastern Europe and the NICs as Newcomers in Europe.- Globalization and Rising Importance of Diffusion.- Challenges for Achieving Efficient R&D Policies in the EU.- European R&D Policy from a Global Perspective.- R&D Policies in the EU, the US and Far-East-Asia.- Basic Research in an International Comparative Perspective.- Links Between Research and Industry.- Position of EU Science-Based Industries.- Requirements for Future R&D Policies.- Special Role of Small MNCs.- The Future Role of R&D Policy: Policy Options and Recommendations.- Innovation and Innovation Policy.- Policy Options.- Adjusting Guidelines, Promoting Cooperation and Increasing Transparency.- Environmental Problems and Growth: Some Policy Conclusion.- Facilitating Network Building.- Exploiting Communication Opportunities.- A New Role of the EU in Education Policies.- Improving Patent Protection.- Mobilizing Entrepreneurship in Universities.- Perspectives: Globalization and Political Innovation in a Democracy.
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