Kritikos, A. and Cartalos, O., (2013), “Attracting top research and innovation performers as the way forward to exit the Greek crisis”, Greek Economists for Reform Blog, Working Paper, December.
Alexander Kritikos and Odysseas Kartalos argue forcefully that, for Greece, the way out of the current economic crisis is not austerity but a long-term plan focusing on innovative industries with high added value. However, in comparison to other countries in the EU currency union, the country has invested very little in developing a knowledge-based economy. Still, the weakly performing Greek innovation system has important “hidden” assets, including niches of strong academic research, some small hi-tech companies that manage to compete at international level and an impressive diaspora.
The Greek authorities need to use the next EU programming period, beginning in 2014, to invest into high-class research with the major aim of attracting top research and innovation performers. The paper proposes how such initiatives could be designed, taking into account the broader challenges the EU is facing with regards to the international competition in science and technology. For the full paper, press here.
Relevant Posts
- Kastelli I. and Caloghirou, Y., (forthcoming), “The impact of knowledge-intensive entrepreneurship on the growth and competitiveness of European traditional sectors”. In H. Hirsch-Kreinsen , I. Schwinge (eds.), Knowledge-Intensive Entrepreneurship In Low-Tech Industries, Cheltenham: Edward Elgar Publishing.
- Katsikas, D., (2013), “Brain drain, a new challenge for the Eurozone”, EurActiv, Opinion Article, 25 November.
- Papakonstantinou, Α., (2013), “Young Scientists Flee Abroad: Brain-Drain? Brain-Gain?”, Crisis Observatory, Opinion Article No.11, October.