Innovation, Employment and Growth Policy Issues in the EU and the US

Description

The EU and the U.S. confront distinct factor market dynamics and common policy challenges. Labor market developments and long-term changes in capital markets and capital flows represent key problems in aging societies. The analyses presented here compare the European and U.S. patterns in this regard. Moreover, Schumpeterian innovation dynamics as well as energy policy issues receive attention. Considerable differences in innovation dynamics are reported across countries. The book charts the role of different innovation systems and knowledge societies and highlights different policy approaches. Another focus is upon structural changes and innovation in open economies. Finally, medium and long-term options for transatlantic cooperation are evaluated against the backdrop of the Lisbon agenda. Front Matter....Pages i-xxxii Structural Change, Innovation and Growth in the Single EU Market....Pages 1-40 Wage Dispersion in Germany and the US: Is There Compression from Below?....Pages 41-59 The Performance Effects of Unions, Codetermination, and Employee Involvement: Comparing the United States and Germany (with an Addendum on the United Kingdom)....Pages 61-120 Ageing and Pension Reforms: Simulations and Policy Options....Pages 121-129 Ageing and Global Capital Flows....Pages 131-136 Effects of the Ageing Population on Capital Markets....Pages 137-143 US Economic Outlook: Beyond the Credit Crunch....Pages 145-151 Selected Innovation Factors: An International Comparison....Pages 153-171 The Innovation Imperative and the Role of SBIR Innovation Awards....Pages 173-187 Trips, Pharmaceutical Innovation and Access to Medicines....Pages 189-205 The Knowledge Society....Pages 207-223 Technological and Growth Dynamics in the New Member States of the European Union....Pages 225-244 Benchmarking Innovation Performance on the Regional Level: Approach and Policy Implications of the European Innovation Scoreboard for Countries and Regions....Pages 245-271 Energy Technology Policy in Europe....Pages 273-293 US Climate Change Emissions Mitigation Policy: Energy Technology Push and Other US Policies....Pages 295-327 EU-US International Relations: A Political Science Perspective....Pages 329-344 Policy Issues and Fields of Cooperation....Pages 345-352