Suchergebnisse

This paper analyses the determinants of knowledge in the European Union of the 27, through estimates of transcendental logarithmic production functions (translog) in different scenarios. For this, a data panel for the period 2003-2010 has been elaborated, selecting the production stochastic frontier as the most reliable model to estimate technical efficiency for European innovation. The empirical result is that technological capital, human capital and relational capital have a positive and significant influence on the generation of knowledge. Also, from the observation of results we can assure that the size (in terms of population) of a country within the EU-27 does not positively influence the technical efficiency of knowledge production. This is an empirical study about the relationship between the determinants of knowledge and the technical efficiency of the generation of knowledge, and such a study does not exist in literature for the EU-27 in the period analysed.

This research provides a new theoretical approach to innovation. Innovation relies on collaborative relationships between universities, private companies and public administration. This theoretical approach offers an opportunity for scientific discovery in an environment of collaboration. Innovative ideas are not self-contained items; they are more like ecosystems and networks. The article also provides data processed in recent years (2003?2009) for the European Union states, providing relevant empirical evidence on the relationship between human capital, relational capital, technological capital and innovation. In the econometric and statistical modelling, the countries of the Europe of the Fifteen (EU-15) will be considered. ; This research was supported financially by the European Regional Development Fund under the project Dissemination and Networks of Knowledge in the Atlantic Arc (K-Networks).