Palgrave Advances in Regional and Urban Economics

Innovation, Democracy and Efficiency

Exploring the Innovation Puzzle within the European Union’s Regional Development Policies

Authors: Grillo, Francesco, Nanetti, Raffaella Y.

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About this book

Endogenous growth theory has significantly impacted most of the developing and developed countries, shifting priorities of industrial policies towards innovation. In line with this trend, the European Union significantly increased its budgetary allocation for R&D. However, statistical data show a weak correlation between R&D expenditure and the acceleration of economic growth. Regional innovation policies display divergent returns according to different institutional conditions and policy choices.

Grillo and Nanetti attempt to understand the reasons that lie behind differences in performance. Their results show that better performing innovation strategies require the following factors: clear choices of locally congruent smart specialization; strong capacity of public investment to stimulate additional private investment; clear distribution of responsibilities for decision-making and independence of policy implementation from political interference; and problem solving partnerships amongst innovators, universities, and governments that pre-exist the programmes. These factors point to a relationship between democracy (defined as openness of policy-making) and innovation (as technology-enabled growth) which is explored throughout this book.

About the authors

Francesco Grillo is advisor to Italy's Minister for Education, Universities and Research on national innovation policies and is affiliated with the Scuola Superiore Sant'Anna, Pisa, Italy. He obtained his PhD in Political Economy at the London School of Economics, UK. He is Managing Director of Vision & Value (consulting firm), and advises the European Commission on innovation and smart specialization. Grillo is a regular contributor on Italy and Europe for the Italian newspaper Il Messaggero.

Raffaella Y. Nanetti is Professor Emerita of Urban Planning and Policy in the College of Urban Planning and Public Affairs, University of Illinois at Chicago, USA, and part of the core team of the Economic and Social Cohesion Laboratory in London, UK. She is an Associate of Italy's National Research Council (CNR) in Rome. Her main research areas are policy and programme evaluation, research design and methodology, and territorial development policies. She has directed community development studies and territorial assessment projects, sponsored among others by the European Union and the World Bank.

Reviews

Newspaper reading is in decline, but people are more informed. Revolutions are led through Facebook. Citizens and stakeholders in the EU regions also demand to be part of the conversation when shaping the future. To find out how this works, read Grillo and Nanetti's thought provoking insight on democratic participation in setting EU innovation policies in this new brave world.'
– Professor Birgitte Andersen, CEO and CoCreator, Big Innovation Centre, London, UK

'There is a direct link between the quality of a democracy and its ability to innovate. In this book Francesco Grillo and Raffaella Y. Nanetti analyse the complexity of such a link. As a result, they offer to governments, academics and innovators a clear model of how a coherent innovation system should work in the era of interdependence. Their work is inspirational for policy makers in Italy and Europe.'
– Stefania Giannini, Minister of Education, Universities and Research, Italy

'A must read for all academics and policy makers interested in understanding the relevance and defining features of successful innovation policies in today's globally interdependent economy under the accelerating pace of technological change.'
– Mikel Landabaso, Acting Director Directorate H, Inclusive Growth, Urban and Territorial Development and Northern Europe, Regional Policy, European Commission, Brussels, Belgium

'In this very useful book Francesco Grillo and Raffaella Y. Nanetti recognize that innovation is as much a political and institutional project as a technical one. Would-be innovators – and the local, national or regional policy makers who want to help them – ignore this insight at their peril. Political coalitions, leadership and institutional design matter, as Grillo and Nanetti show through well-selected case studies.'
– Ernest Wilson, Dean and Walter Annenberg Chair in Communication, University of Southern California, USA

Newspaper reading is in decline, but people are more informed. Revolutions are led through Facebook. Citizens and stakeholders in the EU regions also demand to be part of the conversation when shaping the future. To find out how this works, read Grillo and Nanetti's thought provoking insight on democratic participation in setting EU innovation policies in this new brave world.'

– Professor Birgitte Andersen, CEO and CoCreator, Big Innovation Centre, London, UK

'There is a direct link between the quality of a democracy and its ability to innovate. In this book Francesco Grillo and Raffaella Y. Nanetti analyse the complexity of such a link. As a result, they offer to governments, academics and innovators a clear model of how a coherent innovation system should work in the era of interdependence. Their work is inspirational for policy makers in Italy and Europe.'

– Stefania Giannini, Minister of Education, Universities and Research, Italy

'A must read for all academics and policy makers interested in understanding the relevance and defining features of successful innovation policies in today's globally interdependent economy under the accelerating pace of technological change.'

– Mikel Landabaso, Acting Director Directorate H, Inclusive Growth, Urban and Territorial Development and Northern Europe, Regional Policy, European Commission, Brussels, Belgium

'In this very useful book Francesco Grillo and Raffaella Y. Nanetti recognize that innovation is as much a political and institutional project as a technical one. Would-be innovators – and the local, national or regional policy makers who want to help them – ignore this insight at their peril. Political coalitions, leadership and institutional design matter, as Grillo and Nanetti show through well-selected case studies.'

– Ernest Wilson, Dean and Walter Annenberg Chair in Communication, University of Southern California, USA

Table of contents (5 chapters)

  • The Challenge of Innovation Policies

    Grillo, Francesco (et al.)

    Pages 1-28

  • Regional Case Studies and Institutional Settings

    Grillo, Francesco (et al.)

    Pages 29-59

  • Innovation and the Puzzle of Devolution in the UK

    Grillo, Francesco (et al.)

    Pages 60-111

  • Spain and Innovation as a Political Imperative

    Grillo, Francesco (et al.)

    Pages 112-159

  • Conclusions: Innovation as a Political Project

    Grillo, Francesco (et al.)

    Pages 160-194

Buy this book

eBook $89.00
price for USA (gross)
  • ISBN 978-1-137-44966-5
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $120.00
price for USA
  • ISBN 978-1-137-44965-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Innovation, Democracy and Efficiency
Book Subtitle
Exploring the Innovation Puzzle within the European Union’s Regional Development Policies
Authors
Series Title
Palgrave Advances in Regional and Urban Economics
Copyright
2016
Publisher
Palgrave Macmillan UK
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-44966-5
DOI
10.1057/9781137449665
Hardcover ISBN
978-1-137-44965-8
Edition Number
1
Number of Pages
XVII, 237
Topics