While the neoclassical growth theory considered economic growth as a process of mere accumulation of production capital, the endogenous growth theory shifted the lens to the importance of knowledge in the production process and its potential to create spillovers. We argue in this paper that...

This paper will present a multi-region/multi-country model in which inter-regional knowledge spillovers determine the growth of regions. Key parameters in the model are the learning capability of a region and the rate of knowledge generation (R&D). The intensity of spillovers depends on...

Studies of knowledge and innovation as driving forces of regional development and growth offer a myriad of approaches. Here, questions asked, methods used and answers given are manifold. In our overview, we cover recent developments in this research area. Moreover, we explore the question as to...

The knowledge-based economy/society challenges and changes organisations, institutions and job contents generated by new requirements and the increasingly complex and dynamic environment in which they are compelled to act. Institutions and organisations, public or private, need to adjust rapidly...

In the present article the author makes an eloquent inquiry regarding the current economic and financial crisis and its relationship with the classical labor theory of value. The author realized a full synopsis about economical, social and military evolution of America after the Second World War...