Showing 1 - 10 of 52
In examining the prospects for oil and gas supply from the GCC countries, we draw on the evidence that the supply of … called upon, as it has in the past. Oil and gas are of central importance to the economies of most GCC countries …. Hydrocarbons provide the basis on which to gradually diversify GCC economies. Continued hydrocarbon-based economic growth provides …
Persistent link: https://www.econbiz.de/10005407800
This paper explores the idea that “Fear of Floating” and accompanying pro-cyclical interest rate policies observed in the case of some emerging market economies may be justified as an optimal discretionary monetary policy response to shocks. The paper also examines how the differences in...
Persistent link: https://www.econbiz.de/10005408203
The purpose of this article is to assess how the changing operations of international banks in emerging countries in the last decades have altered the risks they face as well as their mitigation techniques. The recent expansion of the international banking business through the setup of branches...
Persistent link: https://www.econbiz.de/10005556585
This paper summarizes new developments in world trade, technological changes worldwide and their implications for recent theoretical studies in economics. After defining the economic globalization and schematizing its relations with international trade, economic growth and technological change,...
Persistent link: https://www.econbiz.de/10005556465
The Innovation systems (IS) approach and the system failures it identifies, play an important role in the design and … legitimization of innovation policy. This paper analyses the usefulness of this concept. We conclude that the IS-approach can be … useful to visualize the complexity of the innovation processes. However, for policy design this approach is less suited …
Persistent link: https://www.econbiz.de/10005126082
This paper considers the integration of competition policy and innovation policy in the context of R&D cooperation. An …
Persistent link: https://www.econbiz.de/10005412898
from research institutions. Using data from the German innovation survey we investigate how firms are able to exploit … knowledge from external partners for successful innovation activities. The estimation results show that the determinants of … absorptive capacity differ with respect to the type of knowledge absorbed for innovation activities. In particular we find that …
Persistent link: https://www.econbiz.de/10005412880
This paper analyzes the effects of public subsidies on R&D expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment. Cross sectional data at the firm level is used. By applying parametric and...
Persistent link: https://www.econbiz.de/10005076604
are taken into account. The paper proposes a theory of innovation and market structure, showing that the relation between … innovation and competition depends on horizontal spillovers, vertical spillovers, and cooperative settings. The private …
Persistent link: https://www.econbiz.de/10005076906
. Uniting Schumpeter's concern for innovation with Keynes' concern for uncertainty and expectations formation, this article … focuses on the behaviour of entrepreneurs confronting uncertainty caused by innovation. Entrepreneurs' behaviour is … opened up by a successful innovation generates a state of optimism in the minds of single entrepreneurs, which eventually …
Persistent link: https://www.econbiz.de/10005077089