This contribution examines the major features of UAE’s economy, its factors of strengths, undelying also its critical aspects. Furthermore, the work focuses on the crucial factors that characterize a diversified knowledge economy and indicates the policies that the economy of the United Arab...

This paper is devoted to the analysis of evolution of innovation concepts, aspect and types. First emergence and evolution of different aspects and concepts of innovation are analysed, then the development of innovation concepts from a historical perspective and finally an overview given of...

The agricultural sector in India has been successful in keeping pace with the rising food demand of a growing population. Rapid agricultural growth continues to be the key to poverty alleviation and overall economic development. The changing economic scenario in India and the need for...

The paper first discusses alternative theoretical frameworks to analyse the impacts of FDI on host economies. Second, it provides an overview of major developments in the Hungarian automotive industry since the early 1990s, discussing both firm strategies and the macro level factors influencing...

In the course of the first 45 years of India’s post Independence development, the focus of scientific activity was changed: from that of a science of raw material extraction, oblivious of any industrial imperative, to a science of material production, aimed at inducing technological awareness...

Empirical evidence shows that R&D productivity decreases with firm size. I provide an explanation to this fact by developing a model of science production where heterogeneous researchers are endogenously allocated to different firms. The main assumption is that firms invest in research to...

The decision to cooperate within R&D joint ventures is often based on `expert advice.' Such advice typically originates in a due diligence process, which assesses the R&D joint venture's profitability, for example, by appraising the achievability of synergies. We show that if the experts who...

I develop a model of science production where researchers are endogenously allocated to different sectors (for profit or non profit), and to different labs. The main assumption is that firms invest in research to increase their absorptive capacity: the ability to use and understand...

In March 2000, the Lisbon Summit set the European Union the goal of becoming ‘the most dynamic and competitive knowledge-based economy in the world’ by 2010. This paper aims to ascertain the extent to which various indicators of innovation in EU15 have improved and whether such improvement...

This paper makes an attempt to link collaborative research in industry with Government initiative and market rate of interests. Two firms involved in Cournot competition in the market are deciding whether to conduct research to device a technique for cost reduction. Amount of cost reduction...