The objective of this paper is to analyse the development of industrial policy in the European Union. The changing concepts and rationale for industrial policy are reported with reference to the treaties and communications of the European Commission. Industrial policy has followed the course of...

This article studies the factors driving structural dynamics across Austrian manufacturing industries. Using a Structural Vector Autoregressive Model (SVAR) framework we identify sectoral labour productivity and demand shocks that are orthogonal to aggregate shocks. We analyse the sectoral...

This book takes up the challenge of developing an empirically based foundation for evolutionary economics built upon complex system theory. The authors argue that modern evolutionary economics is at a crossroads. At a theoretical level, modern evolutionary economics is moving away from the...

This book uniquely applies the Schumpeterian innovation policy perspective to the countries of Central and Eastern Europe. A broadly defined framework of the science, technology, innovation and growth system underpins the empirical and conceptual analysis of the critical issues including demand,...

This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the...

In recent years, applied studies have shown widespread, profound and increasing heterogeneity across firms in terms of their strategy, organization arrangement and performance. This book investigates the diversity of business firms, offering a picture of the different organizational settings...

This book uniquely applies the Schumpeterian innovation policy perspective to the countries of Central and Eastern Europe. A broadly defined framework of the science, technology, innovation and growth system underpins the empirical and conceptual analysis of the critical issues including demand,...

This article develops a simple decomposition of Business R&D Expenditures (BERD) panel data and applies it to analyse the development of R&D intensities in the business sector in the EU 27 countries and important non-EU countries over time. The results show that changes in aggregate BERD figures...

Purpose: The purpose of this study is to explore the strategic positioning and product portfolio diversification of Austrian manufacturing firms that face competition from emerging markets as opposed to firms that do not. Design/methodology/approach: The research was conducted in two successive...