The EU Regional Policy and the Socio-economic Disadvantage of European Regions

  • Riccardo CrescenziEmail author
  • Andrés Rodríguez-Pose
Part of the Advances in Spatial Science book series (ADVSPATIAL)


The empirical evidence presented in the previous chapters has highlighted the importance of underlying socio-economic factors in translating innovation into economic growth. The analysis showed that this is true for both endogenously produced innovation (by means of local innovative efforts) and exogenous knowledge flows. This evidence suggests that the locational disadvantage of peripheral regions (mainly due to the reduced exposition to knowledge flows) may be compensated for by reinforcing their capability to translate existing knowledge into economic growth. The empirical analysis showed that this result could be achieved by addressing the local sources of socio-economic disadvantage. When the socio-economic sources of competitive disadvantage are effectively addressed, the capability to translate whatever kind of innovation into regional growth is enhanced.


Structural Fund Competitive Disadvantage Inverse Mill Ratio Cohesion Policy Programming Period 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2011

Authors and Affiliations

  1. 1.Geography and EnvironmentLondon School of EconomicsLondonUK
  2. 2.IMDEA Social SciencesMadridSpain

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