Local innovation networks have been considered to be particularly important to innovation and technological change and to the growth prospects of regions and cities in Germany. Accordingly, innovation is a process that results from various (economic and social) interactions of different...

Apart from the countries in transition, a large number of developing (and also developed) countries have also established free economic and trade areas(FETA) with the aim of attracting foreign capital by providing tax incentives, creating employment opportunities and promoting exports and...