European paradox
The European paradox is the perceived failure of European countries to translate scientific advances into marketable innovations.
Other Countries
The phenomenon of having a well-educated workforce with strong academia, while trailing in commercialization of technology is also frequently bemoaned in Australia. There the cause is frequently attributed to high taxation, low government industry support and general anti-intellectualism. A key difference is population size, as Australia is constrained by a very small domestic market, while Europe is not.
See also
References
- ISBN 978-1-4020-5970-4. Retrieved 26 March 2010.
... the research policy paradigm was already well embedded in a competitiveness/innovation oriented understanding and an understanding of the so-called European paradox, that is, the conjecture that EU member states play a leading global role in terms of top-level scientific output, but lag behind in the ability of converting this strength into wealth-generating innovations.
- ISBN 978-0-7146-4630-5. Retrieved 2 April 2010.
"... Europe’s poor position is not a result of its performance in research or R&D. On this point, there is in fact a European paradox ..." (page 10)
"... the efficiency of European R&D is 0.74, as against 1.6 for the USA and 1.32 for Japan. It is this which represents what I refer to as the ‘European paradox’." - ^ "Green paper on innovation" (PDF). Retrieved 2011-05-01.
- . Research Policy, Volume 35, Issue 10, December 2006, Pages 1450-1464.
External links
- The Extended European Paradox: What is it and why does it matter? Archived 2018-02-09 at the Wayback Machine
- Ulrich Hottelet: Making inventions pay, German Times, May 2007
 | This economics-related article is a stub. You can help Wikipedia by expanding it. |