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The
competitiveness of firms, regions and industries in the knowledge-based
economy (MICRO-DYN) |
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MICRO-DYN
(stands for 'Micro-Dynamics') is an international economic research
project dealing with the competitiveness of firms, regions and
industries in the knowledge-based economy and the possibilities
for job-rich growth in Europe. The central research objective
of the project is to address in a comprehensive and methodologically
coherent way some of the core driving forces of innovation,
competitiveness, employment and growth in the contemporary European
economy. In our approach to this theme we start from the conjecture
that understanding the microeconomic foundations of innovation,
competitiveness and growth at the firm level, as well as the
firms' interactions with the labour market, is key to understanding
the nature of these phenomena at a more aggregated (regional,
sectoral or macro) level. Hence integrated and comparable cross-country
firm-level research shapes the core of the project.
The analysis will use comprehensive datasets across European
regions, industries and countries. Individual data on firms
call for statistical models of individual behaviour allowing
for firm heterogeneity. These models have then to be aggregated
at sectoral, regional and national levels to recover the behaviour
of aggregate variables. At the moment, there are very few such
models as different researchers have concentrated on different
levels of aggregation with little exploration of their interdependence.
Further development is of paramount importance as sound micro
foundations help to highlight the role of key microeconomic
and policy parameters whose changes determine the reallocation
of resources within and between sectors, within and between
regions, within and between countries.
The project lasts from 2006 to 2010 and is structured into seven
scientific Work packages (WPs) which are integrated through
the use of common and overlapping sets of micro-data, a common
research agenda and the joint use and development of research
methodologies.
MICRO-DYN is financed by the Sixth Framework Programme of the
European Union. This site does not reflect the official view
of the European Commission. |
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