The original purpose of the concept of innovation systems was to explain international specialisation patterns (Freeman 2004, Lundvall 1985), but the focus of its later development has gradually become the institutional analysis of innovative activities (Carlsson, 2006; Lundvall, 2007b)....

This paper is about the impact of globalisation on (low-skilled) labour. We build a new economic geography model in which two types of labour (low and high-skilled) are distinguished and in which, due to wage rigidities, unemployment may arise. We also introduce two types of transportation costs...

This paper analyses the level of relative specialisation in terms of gross fixed capital formation in EU regions. Larger market and regional sizes diminish; a higher unemployment rate, population density, the fact of being a central region, the distance to the economic centre, and economic...

Stock exchanges and trading on them has changed dramatically in the last few decades as markets for securities have fragmented, trading volumes have escalated and the opportunities to trade in different markets and across international borders has increased. These changes to the markets have...