Fagerberg, Jan, Laestadius, Staffan and Martin, Ben (2018) The three great issues confronting Europe - economic, environmental and political. In: Niosi, Jorge (ed.) Innovation Policy, Systems and Management. Cambridge University Press, Cambridge, pp. 464-491.
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Abstract
Europe is confronted by an intimidating triple challenge – economic stagnation, climate change, and a governance crisis. This paper demonstrates how the three challenges are closely inter-related, and discusses how they can be dealt with more effectively in order to arrive at a more economically secure, environmentally sustainable and well governed Europe. In particular, a return to classic economic growth cannot come at the expense of greater risk of irreversible climate change. Instead, what is required is a fundamental transformation of the economy to a new ‘green’ trajectory based on rapidly diminishing emission of greenhouse gases. Following this path would mean turning Europe into a veritable laboratory for sustainable growth, environmentally as well as socially.
Item Type: | Book Section |
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Keywords: | Europe, European Union, triple challenge, economic stagnation, climate change, governance crisis, innovation policy, transformation process |
Schools and Departments: | University of Sussex Business School > SPRU - Science Policy Research Unit |
Subjects: | H Social Sciences > H Social Sciences (General) |
Depositing User: | Ben Martin |
Date Deposited: | 10 Apr 2018 11:24 |
Last Modified: | 13 Aug 2019 14:22 |
URI: | http://sro.sussex.ac.uk/id/eprint/74956 |
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