The U.S. is traditionally viewed as an economy driven by entrepreneurs, whereas the Swedish model is associated with high welfare ambitions and less focus on entrepreneurial activities. This paper seeks to empirically investigate whether the connection between entrepreneurship and growth at the...

New knowledge generated by an economic agent in a region will tend over time to flow to other economic agents in the same region but also to economic agents in other regions. It is quite common in the literature to use the concept of knowledge spillovers for such knowledge flows, irrespective of...

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...

Innovation networking has become both more feasible with improved telecommunication and more important as it usually produces research of higher quality. However, the spatial distribution of academic networks and innovative networks are not uniform. Despite overwhelming evidence on the benefits...

The understanding of economic development in regions in developed countries has gone through a fundamental change during recent decades. Nowadays, regions are increasingly looked upon as independent, dynamic market places that are connected via flows of interregional and international trade....

FDI inflows have expanded rapidly during the past decade. This paper analyses if such inflows do introduce new characteristics of the innovation systems at national and regional levels. The paper studies two phenomena. First, what novelties are brought into the host region (country) when FDI...

The link between proximity and innovation has been dwelled upon extensively in the literature. A regional economic milieu characterized by proximity between relevant actors is maintained to be suitable for establishing and maintaining successful regional innovation system. In this paper it is...

This paper introduces a model where new products are introduced by entrepreneurs or innovating firms in a quasi-temporal setting. Market conditions are characterized by monopolistic competition between varieties belonging to the same product group, where varieties can become obsolete over time...

Continuous product and process innovations are prerequisites for sustainable competitiveness of both nations and regions. How such innovations are created and how successful innovation processes can be initiated are therefore extremely important questions. In recent years, it has been recognized...