Unemployment insurance and job protection regulations provide assistance to those who face unemployment. Unemployment insurance seems more desirable, since it does not harm flexibility in the labour markets, but it entails a moral hazard risk. Making the unemployment insurance voluntary and...

In the presence of network externalities, demand is strongly affected by major technology diffusion processes. Therefore, not only sales levels, but also the installed user base of network technologies may influence R&D intensity via the price mechanism. This causality may, however, not be...

R&D activities by one industry often have positive effects on the productivity performance of other industries, as a consequence of technology spillovers. Econometric problems (such as multicollinearity), however, have prevented researchers from identifying the industries that have been...