The European paradox is the perceived failure of European countries to translate scientific advances into marketable innovations.
The term was coined in a
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...
Green Paper
In the United Kingdom, the Commonwealth countries, Hong Kong, the United States and the European Union, a green paper is a tentative government report and consultation document of policy proposals for debate and discussion. A green paper represen ...
in 1995. Recently, several articles questioned both the theoretical interpretation upon which the paradox conjecture is based and its empirical underpinnings.
[See for example Giovanni Dosi, Patrick Llerana and Mauro Sylos Labini Research Policy, Volume 35, Issue 10, December 2006, Pages 1450-1464. ]
Other Countries
The phenomenon of having a well-educated workforce with strong academia, while trailing in commercialization of technology is also frequently bemoaned in Australia. There the cause is frequently attributed to high taxation, low government industry support and general anti-intellectualism. A key difference is population size, as Australia is constrained by a very small domestic market, while Europe is not.
See also
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List of paradoxes
This list includes well known paradoxes, grouped thematically. The grouping is approximate, as paradoxes may fit into more than one category. This list collects only scenarios that have been called a paradox by at least one source and have their ...
References
External links
The Extended European Paradox: What is it and why does it matter?
Ulrich Hottelet: Making inventions payGerman Times
May 2007
Paradoxes in economics
European Union
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