The purpose of this paper is to explain how national innovation systems may transform innovation input into innovation output in different counties. Using the Global Innovation Index (GII) we discuss what can be understood by the term "innovation" and how it is translated into the national...

The purpose of this paper is to explain if and how foreign sales are affected by the level of transaction costs within industries in Poland and Hungary. The main hypotheses reflect the potential correlation for different types of industries. The paper attempts to transfer the notion of...