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The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In section two the functions, benefits, and costs of a leading international currency are discussed. In section three key determinants for the continuous dominance of the US dollar...
Persistent link: https://www.econbiz.de/10013136590
The paper present the analysis outcomes on the catching-up process. Additionally it seeks for identifying the “convergence clubs” in cross-national section. It implements a traditional analysis of convergence tracking the catching-up process as well as the per capita income dynamics across...
Persistent link: https://www.econbiz.de/10014147302
The paper present the analysis outcomes on the catching-up process. Additionally it seeks for identifying the “convergence clubs” in cross-national section. It implements a traditional analysis of convergence tracking the catching-up process as well as the per capita income dynamics across...
Persistent link: https://www.econbiz.de/10014147303
-think these approaches as ways to stimulate innovation in China. … underlying inventions – i.e., their ability to be transformed into something useful and thus constitute innovation. And this is … compounded by various regulatory and institutional factors in China. It is also compounded by the fact that the government has …
Persistent link: https://www.econbiz.de/10011258904
This paper analyzes the role of innovation activities in the export participation of Chinese high-tech firms during the … firm-level innovation efforts, measured by R&D and product innovation dummies, play only a minor role for domestic … exporters. Foreign-invested firms dominate the high-tech exports but do not rely on indigenous innovation activities. These …
Persistent link: https://www.econbiz.de/10009203610
The remarkable influx of Chinese migrant entrepreneurs in different West African countries in recent years has been met with growing resistance by established local entrepreneurs. Whether the former have a competitive edge over the latter because of distinctive socio-cultural traits, or whether...
Persistent link: https://www.econbiz.de/10008568371
somewhat discourage building of quality patents and related innovation in China. … enforcement of patent rights in China that hamper patent quality. These range from inadequate review systems to requirements and …
Persistent link: https://www.econbiz.de/10011108770
already visible, other influences are beginning to be felt – arising from China’s coordination, innovation and financing power. …China’s economic rise has transformed the global economy in a number of manufacturing industries. This paper … investigates whether China’s transformative influence extends to the new green economy. Drawing on the debate about how China is …
Persistent link: https://www.econbiz.de/10011257939
Because Hayek’s view goes beyond the Walrasian framework, his descriptive arguments on socialist planned economies are prone to be misunderstood. This paper clarifies Hayek’s arguments by using them as a basis to construct a model of total factor productivity. The model shows that...
Persistent link: https://www.econbiz.de/10008855541
In recent years, the concept of Regional Innovation Systems has evolved into a widely used analytical framework … generating the empirical foundation for innovation policy making. Yet, the approaches utilizing this framework remain ambiguous … on such key issues as the territorial dimension of innovation, e.g., the region, and the apparently important role played …
Persistent link: https://www.econbiz.de/10005621610