Development Institutions in The European Economy: Innovation, Economic Growth and Competitiveness (Routledge Studies in the European Economy)

In the face of deglobalisation, decreased competitiveness and the lack of innovation in European Union (EU) countries, national development institutions, due to their unique mandates and operational capabilities, have emerged as an effective tool in the hands of governments on the path to long-term sustainable economic growth.This book analyzes the contemporary economic situation in selected EU countries, diagnosing key structural challenges and evaluating the capacity of development institutions to address them.It delineates the mechanisms employed to support economies through the system of development institutions in the EU. The book offers a comprehensive examination of the strategies and policies that these institutions apply and an overview of the support instruments they make available to the state.Further, it presents a comparison of the activities of selected development institutions and examines their efficiency, delivering an understanding of the challenges and opportunities,