Posts Tagged ‘Investments’

INVESTMENT IN INNOVATION AND EDUCATION: AN EFFICIENCY BENCHMARKING ANALYSIS IN EUROPE

Aikaterini KOKKINOU

Higher Hellenic Military Academy

aikaterinikokkinou@gmail.com

George KORRES

Department of Geography, University of the Aegean

gkorres@geo.aegean.gr

Panagiota DIONYSOPOULOU

Director of General Directorate of Tertiary Education, Ministry of Education, Greece

yoldi63@gmail.com

Abstract

As technical efficiency enhancement becomes an increasingly important issue within Europe and worldwide, policy planning should draw attention towards a wide range of production ideas, component technologies and complementary socio-economic capabilities. Within this framework, it is rather difficult for any single economy to incorporate and take advantage of the relevant technological advances in economy, as well as the underlying conditions in innovation and education investments. This means that the actions of policy planning involve the targeted development of specialized knowledge assets, which are integrated from a wider range of investment areas. This paper analyses, through a benchmarking approach, investment in innovation and education in Europe, creating a spectrum of policy implications.

Keywords: Productive Efficiency, Innovation, Education, Investments

JEL classification: F13, F47, F15, R15
read more