Revisiting the role of Incubators during Fiscal Austerity Times: The Case of PSP, Greece.

TitleRevisiting the role of Incubators during Fiscal Austerity Times: The Case of PSP, Greece.
Publication TypeConference Paper
Year of Publication2014
AuthorsBouras, C, Tsekouras, K, Kokkinos, V, Gkypali, A
Conference Name3rd Edition of the International Conference Governance of a Complex World 2014 (GCW 2014), Turin, Italy
Date Published18 - 20 June
Abstract

European financial crisis has raised questions about the sustainability and the contribution of Innovation anchors especially in Southern European countries such as Greece. Based on the concept of Regional Innovation Systems we introduce a methodological approach which allows for the evaluation of the performance of Science and Technology Parks performance under different intensity levels of Government Expenditures on R&D which is considered as the dominant a policy instrument. Our framework relies on the estimation of efficiency indices which come out of a multi input - multi output knowledge production function approach. The region under scrutiny is Western Greece and its corresponding Science Park for the period from 2000-2009. The main empirical finding suggests that, due to institutional and other factors, the contribution of PSP, as it has been formed in last decade, is negative in fostering innovation activitie

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