Using a large data set for 167 developed countries and emerging and transition economies, the authors estimate probability models (probit and ordered probit) based on available de jure and de facto classifications for 1970–1995 and 1995–1999. They show that economic openness, trade...

Global corporations and companies with international portfolios increasingly concentrate their activities not only on the international expansion of their products or services and global diversifi cation of their capital portfolios, but also on an effective integration in the global value chain...

Slovakia ranked to the poorest innovation performers in the EU 25 area in early 2000s. While the country's economics was booming due to high influx of foreign investment, there was real danger that Slovakia would convert to the "greatest assembly line" in Europe, with little own innovation...