"Since the appearance of macroeconomics in the 1940s, economists have created many theoretical frameworks to explain the origin and mechanism of economic fluctuations. However, few of these have managed to gain explanatory power over reality and nor can they solve real-life problems. This book...

Silicon Valley, trajectories and government policy -- Trajectories, competitive advantage and learning -- Industrial policy debates -- Policy options -- The early Asian model: building domestic businesses -- Capability building for a global economy: Singapore and Ireland -- Building global...

Scholars in economics and political science argue that one major function of government is to overcome coordination failure in economic development, especially during times of rapid environmental changes. But, how and through what means does the state coordinate firms to follow the changing...

People are the original knowledge carriers of a society.Here it is shown how prosperity will arise in the future where people live, when the individual can secure a stable, safe income for himself as a knowledge carrier by his own efforts. Economic crises, which hitherto faced the individual...