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 purpose of this paper is to obtain new evidence about a fundamental question of empirical studies on technology policy. Is public R & D a complement to or a substitute for private R & D? We examine, at an industry level, the relationship between private R & D expenditures and public...

The purpose of this paper is to obtain new evidence on the efficiency of public support to business R&D with an analysis at an industry level with panel data for the Spanish case. After reviewing the empirical literature about the effects of public subsidies to private financed R&D, we carry out...

Background. In Spain's "MIR" system of allocating residency training positions, medical school graduates are ranked according to their performance on a national exam and then sequentially choose from the remaining available training slots. We studied how changes in the MIR system might address...

Welfare is a rather vague term whose meaning depends on ideology, values and judgments. Material resources are just means to enhance peoples well-being, but growth of the Gross Domestic Production is still the standard measure of the success of a society. Fortunately, recent advances in...

The principal aim of this paper is to estimate a stochastic frontier cost function and an inefficiency effects model in the analysis of the primary health-care services purchased by the public authority and supplied by 180 providers in 1996 in Catalonia. The evidence from our sample does not...