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Knowledge intensive entrepreneurship lies at the core of the structural shift necessary for the growth and development of a knowledge based economy, yet research reveals that the EU has fewer young leading innovators, and Europe's new firms do not adequately contribute to industrial growth. This is especially true in the high R&D intensive, high-tech sectors. This structural malaise, undermining Europe's growth potential, is well diagnosed, but poorly understood.

This volume fills this important gap by exploring new firms that have significant knowledge intensity in their activity...

Based on an original research programme, this book empirically appraises the dissemination of knowledge relevant to the innovative activities of European industry.

The channels and mechanisms of knowledge flows define the links that make up production and innovation systems. As such, they relate directly or indirectly to all policies that affect such systems. Knowledge flows are also directly related to intellectual property protection policies and competition policies that create the infrastructure supporting various forms of formal interaction among economic agents in production and innovation systems.

Knowledge Flows in European Industry presents the results of an extensive research programme funded by the European...