HOW EUROPE'S ECONOMIES LEARN. COORDINATING COMPETING MODELS
EDWARD LORENZ AND BENGT-ÅKE LUNDVALL
* Argues that a radical transformation of the European economy, and a substantial upgrade of its knowledge base, it is unlikely to occur unless due attention is paid to the diversity of its national components and of the methods used to learn
* Draws out the implications of multi-level EU governance for designing policies that can further promote the goals of the Lisbon process
* Argues comparisons of Europe's economies with those of the US and Japan are misleading
When seeking to bench mark the performance of European economies, commentators often look to compare them to the economies of Japan and the United States.
How Europe's Economies Learn shows how this is seriously misleading, and how any such comparison needs to be complemented with an understanding of the fundamental differences between Europe's economies.
The contributors provide an up-to-date description and analysis of the way differences in state systems and institutional contexts, such as labour markets, education and training systems, and financial systems, shape learning processes and innovation performance across the member nations of the European Union. In doing so, it draws important conclusion for how policy strategies should be designed at the national and European levels in order to further promote the goals of the Lisbon process.
Readership: Researchers and academics working in Economics, Innovation Studies, Political Economy, and Management Studies; Policy makers concerned with the performance of the European economies.
