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The Emergence of EU Defense Research Policy pp 77–92Cite as

The Economics of European Defense Industrial Policy

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Part of the book series: Innovation, Technology, and Knowledge Management ((ITKM))

Abstract

The policy comprises a Single Market for defense equipment and a European defense industrial base. A brief history of the policy is presented. The 2016 European Defence Action Plan (EDAP) is designed to address the lack of interoperability, technology gaps and insufficient scale economies. The stylised facts of European defense spending and arms firms are outlined. The economics of arms collaboration is reviewed and assessed. Alternative models of arms collaboration are evaluated. Rising unit costs and Brexit are future challenges for the policy.

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Author information

Authors and Affiliations

  1. University of York, York, UK

    Keith Hartley

Authors
  1. Keith Hartley
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Correspondence to Keith Hartley .

Editor information

Editors and Affiliations

  1. National Documentation Centre / National, Hellenic Research Foundation, Athens, Greece

    Nikolaos Karampekios

  2. Independent Researcher, Athens, Greece

    Iraklis Oikonomou

  3. School of Business, The George Washington University, Washington, DC, USA

    Elias G. Carayannis

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Hartley, K. (2018). The Economics of European Defense Industrial Policy. In: Karampekios, N., Oikonomou, I., Carayannis, E. (eds) The Emergence of EU Defense Research Policy. Innovation, Technology, and Knowledge Management. Springer, Cham. https://doi.org/10.1007/978-3-319-68807-7_5

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