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Innovation and regional socio-economic development - evidence from the finnish local administrative units

Makkonen, T (2011) Innovation and regional socio-economic development - evidence from the finnish local administrative units Bulletin of Geography, 15. pp. 27-42.

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Abstract

It is often argued that innovation plays a key role in the economic growth of regions. Therefore, the impacts of innovation on the socio-economic development of regions have been widely discussed in previous studies, but with divergent areal coverage, methods, and datasets. As a point for departure, these relationships redrawn from international literature are tested here with a single dataset from Finnish local administrative units and with coherent methods. As there does not seem to be a generally accepted indicator for innovation which can claim to be superior, despite the growing literature on the subject, research and development (R&D), and patent statistics are used in this paper to represent innovation activity. The significant, strong, and positive relationship between innovation and traditional socio-economic variables is verified using Finnish regions.

Item Type: Article
Authors :
AuthorsEmailORCID
Makkonen, TUNSPECIFIEDUNSPECIFIED
Date : 14 June 2011
Identification Number : https://doi.org/10.2478/v10089-011-0002-0
Depositing User : Symplectic Elements
Date Deposited : 28 Mar 2017 15:30
Last Modified : 28 Mar 2017 15:30
URI: http://epubs.surrey.ac.uk/id/eprint/808840

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