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
Keywords:	Europe, European Union, triple challenge, economic stagnation, climate change, governance crisis, innovation policy, transformation process
Schools and Departments:	School of Business, Management and Economics > 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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