Abstract

The current economic crisis and the building-based economy collapse make the innovation approach and the change to knowledge-based economy fundamental to trace the future growth and development. This paper revises the R&D policy in Spain and Andalusia in the last 10 years with the evolution of the main indicators during the period 2001-2011.

Highlights

  • The importance of R&D policies for growth and economic development are not underestimated and, they are crucial for peripheral countries

  • As the building-based growth has finished and the labor costs competitiveness has become inefficient on the global market, there are some questions that have to be posed: which is the strategy for the future economic growth and development for the Mediterranean countries? Which is the one for Spain? Inside this strategy, what is the role of R&D and innovation and how can it boost it? In order to answer these questions, first of all, we need to know what the current situation of Spain and Andalusia is and characterize it in these terms and in terms of its evolution

  • The objective of this paper is to review the ten-year tendency of these policies in Spain and Andalusia, and its implications for the future growth and development

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Summary

Introduction

The importance of R&D policies for growth and economic development are not underestimated and, they are crucial for peripheral countries. The current adverse economic situation could restrain the financing for these policies. Calderón Vázquez development based on R&D and innovation was an essential part. As the building-based growth has finished and the labor costs competitiveness has become inefficient on the global market, there are some questions that have to be posed: which is the strategy for the future economic growth and development for the Mediterranean countries? In order to answer these questions, first of all, we need to know what the current situation of Spain and Andalusia is and characterize it in these terms and in terms of its evolution As the building-based growth has finished and the labor costs competitiveness has become inefficient on the global market, there are some questions that have to be posed: which is the strategy for the future economic growth and development for the Mediterranean countries? Which is the one for Spain? Inside this strategy, what is the role of R&D and innovation and how can it boost it? In order to answer these questions, first of all, we need to know what the current situation of Spain and Andalusia is and characterize it in these terms and in terms of its evolution

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