In the Europe 2020 Strategy, the Member States and the European Commission recognised that increasing innovation is a key to respond to the challenge offered by globalisation and more specifically by the crisis. According to the Strategy, "The crisis has wiped out years of economic and social...

What are the drivers of growth and convergence in productivity at regional level? Differences in the stock of human capital across regions are hypothesized to be the major cause of differences in the speed by which following regions converge and catch-up with the most advanced ones. In addition,...