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The Republic of Bulgaria has been a Member State of the European Union since 2007. Its economic development has been framed by a Currency Board Arrangement (binding the national currency to the euro) since 1997. Recent development is characterised by slow economic growth. Preliminary GDP data...
Persistent link: https://www.econbiz.de/10011212221
. This paper therefore assesses the effect of spillovers in driving per capita output growth taking into account the role of …
Persistent link: https://www.econbiz.de/10011251881
Starting from the failure of the R&D-patents traditional relationship, when time-series and/or within industry dimensions are included in the empirical analysis, the present work tries to contribute to the empirical literature in two directions. Firstly, it perform a Granger causality test on...
Persistent link: https://www.econbiz.de/10011258883
In this paper we discuss two propositions: the supply and demand of knowledge, and network externalities. We outline … competition laced with points and periods of high differentiation. The paper looks at what is potentially the most powerful … scale are emerging and ‘winner takes all’ strategies are having more influence. Our second paper takes the argument further …
Persistent link: https://www.econbiz.de/10011259100
This paper provides an empirical test of Cohen and Levinthal’s (1990) hypothesis that undertaking R&D and collaborating …
Persistent link: https://www.econbiz.de/10011259958
This chapter is concerned with the ‘new’ world of information technology and knowledge intensity. This is a world marked by big investments in R&D, different cost structures and significantly changed demand conditions. You should read this chapter in conjunction with Chapter 19, which deals...
Persistent link: https://www.econbiz.de/10011260034
The global innovation map is changing. Until a few years ago innovation activities were concentrated in the US, Europe and Japan. Not anymore. The rising powers of China, India and Brazil are encroaching on the innovation stronghold of the old powers. This report explores how deep the change...
Persistent link: https://www.econbiz.de/10011260159
The paper presents an empirical analysis of the innovative activities of business groups in Latin America. It compares …
Persistent link: https://www.econbiz.de/10011260711
Much of the debate over income convergence hinges on whether technology diffusion is “global” or “local”. In this paper …
Persistent link: https://www.econbiz.de/10011260792
This study aims to frame the innovation process between the two sectors of the economy: public and private. Innovation is recognized as the basis for long-term economic development, issues raised by Kondratiev and Schumpeter. Innovation also cause so-called long-term economic cycles. Article...
Persistent link: https://www.econbiz.de/10009211214