Spatial distribution of R&D expenditure and patent applications across EU regions and its impact on economic cohesion
This article explores the spatial distribution of regional technology indicators in the EU over the last decade and its impact on cohesion. Thus, we find that public R&D spending and patent applications have converged among regions during the nineties. On the other hand, private R&D activities have diverged, as a result of an asymmetric expansion during the second half of the nineties. We show that when the dispersion of public R&D across regions diminished in the second half of the nineties, income disparities at regional level also decreased. Therefore, while technology policy based on efficiency criteria should remain as a policy tool for economic growth, this policy should be counterbalanced by R&D funds to the least developed regions to maintain economic cohesion.