To date there has been few systematic and comparative empirical analyses of the nature of economic development in Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of structural change between 1980 and 2010, focusing on the...

This paper investigates the impact of domestic investment on Foreign Direct Investment (FDI) to Developing Countries (DC). While the literature has provided numerous studies on the effects of FDI on growth and investment in host-country, very little is known about how domestic investment itself...

This paper deals with the interplay between foreign direct investment (FDI) and the industrial and innovation policies of host developing economies. It aims to redefine the nexus between these different, though yet strongly interconnected policy areas, by bringing the affiliates of multinational...

India's diversified and sophisticated manufacturing base contrasts strongly with the near complete absence of visible innovative capabilities. This article examines the Indian "National System of Innovation" in order to address the question of the evident distinction between the ability to make...

In the last decade the Indian auto industry has shown increasing levels of technological sophistication and significant growth. The Indian auto industry consists of local firms with indigenous design and development capability, well established global brands and has marketing presence in Indian...

The rise and fall of De Lorean Motor Cars Limited (DMCL) has been traditionally interpreted as the result either of John De Lorean´s psychological flaws or as confirming the supposedly inherent weaknesses in activist industrial policy. However, when the episode is examined in more detail,...

This article highlights the contributions of business dynamics research to industrial policy design. Business creation support programs are widespread despite the fact that the optimal rate of business creation and destruction remains unknown. Economic analysis emphasizes heterogeneity as the...

Few areas in economics enjoy better theoretical grounds than Industrial Organization. And David Austretsch has greatly contributed to improve the IO field with his own dynamic models of entrepreneurship and, also, the inspiration and stimulus he has instilled to other scholars. In his article...