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Book Title: Competitiveness and Growth in Europe
Editor(s): Mundschenk, Susanne; Stierle, H. Michael; Stierle-von Schütz, Ulrike; Traistaru-Siedschlag, Iulia
Publisher: Edward Elgar Publishing
ISBN (hard cover): 9781845426620
Section: Chapter 9
Section Title: Measuring Inventive Performance of the OECD Countries Using Triadic Patent Families: Reinventing the Lisbon Challenge
Author(s): Baudry, Marc; Dumont, Béatrice; Dierx, Adriaan
Number of pages: 22
Extract:
9. Measuring Inventive Performance of
the OECD Countries Using Triadic
Patent Families: Reinventing the
Lisbon Challenge
Marc Baudry and Béatrice Dumont
9.1 INTRODUCTION
The European Union set itself ambitious goals in March 2000. Indeed, at the
Lisbon European Council, European Member States set the Union the goal of
becoming by 2010 `the most competitive and dynamic knowledge-based
economy in the world, capable of sustainable economic growth with more
and better jobs and greater social cohesion'. Two years later at the Barcelona
European Council, which reviewed progress towards the Lisbon goals, they
agreed that research and technological development (R&D) investment in the
EU must be increased with the aim of approaching 3% of GDP by 2010, up
from 1.9% in 2000.1 They also called for an increase of the level of business
funding, which should rise from its current level of 56% to two-thirds of total
R&D investment, a proportion already achieved in the US and in some
European countries.
The lack of performance of European countries in terms of innovation is
regularly pointed out. As shown by Figure 9.1, since the mid-1990s, the gap
between the European Union as a whole2 and the US both in terms of the
inputs involved in the innovation process, that is, public and private R&D
investments (at constant 1995 prices and purchasing power standard), and the
output as measured by the number of triadic patent applications, has been
widening steadily, with consequences for ...
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URL: http://www.austlii.edu.au/au/journals/ELECD/2006/121.html