About the quest for more empirical research and analysis on knowledge dynamics and institutional factors
Knowledge dynamics and institutional factors are key elements in shaping the growth trajectory of regional economies. Better understanding of relationship linking knowledge and institutions to innovation are of critical importance.
As regards macroeconomic conditionality and interaction between EU, national and regional levels, academic analysis is not entirely up to the task.
More research is necessary on the relationship between institutions and growth, as well as on multilevel governance arrangement, bearing in mind that about 8% of #EU #Cohesion #Policy funding is spent on public administrations through technical assistance and capacity-building.
Interdisciplinary approaches are suitable. “Differentiation” is key-challenge. “Lack of metrics” on both governance and administrative capacity has to be addressed.
Data and research on both aspects is basic and differentiation and comparability across countries, via interdisciplinary approaches, is very much suitable.
including more empirical research on “equity and efficiency†and trade-offs of both on the ground,being #EU and its levels ideal laboratory.