Authors Iain Begg | Gabriel Glöckler | Anke Hassel ... - The Europaeum

Authors Iain Begg | Gabriel Glöckler | Anke Hassel ... - The Europaeum Authors Iain Begg | Gabriel Glöckler | Anke Hassel ... - The Europaeum

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14.11.2014 Views

(74), and road vehicles (78). On the other hand, leading sectors in the UK include medical and pharmaceutical products (SITC code 54), power generating machinery (71), and telecommunication and sound recording apparatus (76). These are sectors whe=re innovation tends to happen in leaps rather than increments, or where increased returns to scale allow for exploiting price-competitive strategies. Sweden and Denmark represent Revealed Symmetric Comparative Advantage by SITC Code 124 After the crisis: A new socio-economic settlement for the EU

two intermediate configurations, and this is reflected in the mixed specialisation patterns. Denmark shares more sectors of specialisation with the UK, while Sweden does so with Germany. On the basis of this evidence, the design of a “Broad-based Innovation Strategy for the EU”, aimed at mainstreaming policies across different models of capitalism seems too broad to be effective. Data refer to 2006. Source: authors’ calculation from OECD data. Chapter 8 – Dermot Hodson and Marco Simoni 125

two intermediate configurations, and this is reflected in the mixed<br />

specialisation patterns. Denmark shares more sectors of specialisation<br />

with the UK, while Sweden does so with Germany. On the basis of this<br />

evidence, the design of a “Broad-based Innovation Strategy for the EU”,<br />

aimed at mainstreaming policies across different models of capitalism<br />

seems too broad to be effective.<br />

Data refer to 2006. Source: authors’ calculation from OECD data.<br />

Chapter 8 – Dermot Hodson and Marco Simoni 125

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