"Increases in international economic integration can lead to greater specialization according to comparative advantage, but also to the diffusion of skill-biased technologies. In developing countries characterized by relative abundance of unskilled labor, these factors can have opposite effects...

"Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data on firms in 27 transition economies, the authors test for the effects of globalization through the impact of increased competition and foreign...

The paper is a report to cover the proceedings of the Knowledge Economy Forum VI held in Cambridge, UK in 2007. This report encapsulates the end product of the conference with regard to the current state of the European knowledge economy, especially in Eastern Europe