‘Activities’ in innovation systems are the determinants of the development and diffusion of innovations. (Examples are R&D, provision of organizations and institutions, financing of innovations, incubation, etc.) These activities are partly performed by private organizations and partly by...

China has been characterised by extremely high rates of economic growth for the last several decades. This growth originates from a transformation of the institutional set up giving more room for regional initiative, private ownership and use of market mechanisms. Regional political resources...

Statistical indicators have not kept pace with innovation research. Today, it is well understood that many industrial and consumer products are developed by users, and that many innovations developed at private cost are freely shared. New statistical indicators will empower policymakers to take...

In the last two years, the major jurisdictions for equity trading, the U.S. and the E.U., introduced significant reforms in their market structure regulation, following diametrically opposite approaches. While the E.U. effort is deregulatory and decentralized, aiming to facilitate competition...

[From the Introduction]. In the early 1980s, awareness grew of the important role that R&D plays in the process of economic growth. As a result of this, both the policy makers and academia institutionalised the idea that "technological development had a significant impact on the growth in...

[From the Introduction]. In light of these challenges that face EU policy makers, this paper attempts to address two fundamental questions: What is innovation? And what kind of policy is best suited for the job − one anchored in competition policy or industrial policy? Evaluation of the EU’s...