Institutional Reform for Innovation and Entrepreneurship
Editorial: Springer Nature
Licencia: Creative Commons (by)
Autor(es): Niklas Elert; [et al.]
The European Union suffers from an innovation deficit, which must be
remedied if the EU is to improve the quality of life of its citizens and remain
competitive in the global marketplace. In order to do so, more productive
entrepreneurship is required. We analyze how Europe's institutional framework
conditions could become more supportive of entrepreneurship and innovation, and
outline a reform strategy to achieve this objective. To be viable, the strategy
emphasizes the large cross-country differences across the union. Each EU member
state has evolved its particular bundle of institutions, many of which are complementary to one another. If these complexities are not acknowledged, well-intended
reforms may become unpredictable or even detrimental to entrepreneurship and
economic development.
[Cham: 2017]
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