This book proposes the theory and practice of endogenous development that helps to analyze economic dynamics and works within a context of continuous economic, technological, and institutional transformations. This approach will help shape both our understanding and response in times of economic...

This paper examines how the recent economic performance - jointly measured by the level and growth rate of per capita GDP - of 151 developed European regions has been affected by their innovation and knowledge base. A regression analysis is carried out by using as a main explanatory variable a...

In this paper, we analyze, estimate and compare five prototypic models of innovation, from a simple learning-by-doing model to an elaborated model that includes financial, organizational and technological determinants of innovation. From the comparison of the five models we conclude that...

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...

The aims of this paper are twofold. The first is to analyse the interaction between research and development (R&D) activities of firms and heterogeneous consumer preferences in structuring the evolution of an industry. The second is to explore the effects of patent life and patent breadth on...

The paper investigates how sector composition and the magnitude of R&D investment in the EU may differ in 2020 in comparison to the past, if a selection of top R&D-investing SMEs were assumed to be on a fast growth track while the top R&D-investing large-scale companies continue to grow as...

This paper examines the eco-innovation dynamics in the chemical sector by analyzing Sustainable Chemistry (SC) technologies and the organizations that generated those technologies. First, we build an original dataset of patents and investigate trends emerging from patent statistics. Second, by...

This paper examines how the nature of the technological regime governing innovative activities and the structure of demand interact in determining market structure, with specific reference to the pharmaceutical industry. The key question concerns the observation that—despite high degrees of...