The main purpose of this work is to analyse the period 1994-2003 within the descendent wave of the long run cyclical movement of the European economies. Given that economic dynamics follows an irregular path, time intervals cannot be based on discretional criteria but they ought to be adjusted...

El objetivo de este trabajo es analizar el intervalo 1994-2003 dentro del tramo descendente del movimiento cíclico de largo plazo de las economías europeas. Dado que la dinámica económica describe una trayectoria irregular, los intervalos de tiempo en los que se estudia esa dinámica no...

English Abstract: The “virtuous circle” between innovative inputs, outputs and economic performance is investigated in this article with a three equation model highlighting feedback loops and simultaneous relations. An empirical test is carried out considering innovative expenditure,...

Spanish Abstract: El ritmo de crecimiento económico japonés fue sustancialmente mayor que el exhibido por el conjunto de las economías desarrolladas entre 1985 y 1995; posteriormente ha sido menor. ¿Qué explica esta declinación relativa? De acuerdo con los resultados econométricos de un...

This article estimates the effect of the introduction of technologies and the effect of investing in innovation activities without the introduction of technologies on employment, using data from the Ecuadorian Innovation Survey and the Social Security Institute and applying the inverse...

Financing has been considered as a critical requirement for firm innovation projects. However, these projects are typically characterized by a high degree of uncertainty, complexity and specificity. As a consequence companies may find difficulties to obtain support from financial markets. By a...

This article estimates the effect of the introduction of technologies and the effect of investing in innovation activities without the introduction of technologies on employment, using data from the Ecuadorian Innovation Survey and the Social Security Institute and applying the inverse...