Today the importance of networks between actors and institutions is growing. There are several benefits that these networks can create, from the greater dissemination of information through sharing of resources to access to specialized assets. Networks facilitate the sharing of best-practice and...

This paper assesses the role of evolutionary process in knowledge transformation and economic development, especially due to emerging diversified digital technology. Everywhere, in the world, ever-advancing digital technology is performing a revolutionary role in converting the world into a...

This paper evaluates how R&D subsidies to the business sector are typically awarded. We identify two sources of ine_ciency: the selection based on a ranking of individual projects, rather than complete allocations, and the failure to induce competition among applicants in order to extract and...