Weak innovativeness in EU forms a barrier to competitiveness
Kinnunen, Helvi (27.04.2005)
JulkaisusarjaBank of Finland. Bulletin
JulkaisijaBank of Finland
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408074609
The competitive position of Europe vis-à-vis the United States has weakened since the mid-1990s.The underlying reason for differences in labour productivity is that the use of information technology in the EU is not as widespread as in the United States. Problems in competitiveness thus relate to the EU's weaker capacity to innovate and to make better use of innovations.