This paper employs both the descriptive and comparative approaches and uses the definition of systems of innovation used in the literature to discuss the systems of innovation in the Arab region. We explain that the two common characteristics of poor Arab regional systems of innovation is...

This paper investigates micro and macro determinants of firms' investment behaviour using firm data from 101 developing and emerging economies. A substantial number of firms in our sample does not invest in fixed capital or invests little relative to sales revenue. Using a multilevel probit...

This paper employs both the descriptive and comparative approaches and uses the Organisation for Economic Cooperation and Development's definition of Science and Technology (S&T) indicators (OECD, 1997) to discuss S&T development in Sudan. We find that the low level and the insufficient...

It is well-known that the extent of credit lent to private agents differs widely between countries. The `financial deepening' of the economy offers opportunities as well as financial risks. This study investigates the extent to which institutional characteristics are re- lated to countries'...

This paper employs both the descriptive and comparative approaches and uses the definition of systems of innovation used in the literature to examine the existence, characteristics and implications of the regional systems of innovation in the Arab region. We examine three hypotheses, that the...

Studies of the relationship between FDI and domestic investment levels reach contradictory findings. We revisit this empirical relationship and argue that some of the conflicting evidence may be explained by the use of poor proxies for the true underlying variables and by questionable...