While research and development expenditures are considered a key to productivity growth and development, the question remains whether their contribution could depend on the particular countries’ and industries’ actual development levels and positions in global value chains. In this paper we...

Quangos and public entrepreneurship are closely related. The economic theory of quangos allows us to develop a quango theory and highlight the effects of public entrepreneurship. By considering principal agent relations we show how public entrepreneurship of government and quango influence each...

The extensive literature that deals with competition for research funding has focused on the mechanisms and outcomes of funding, but has not systematically studied the allocation of funding among research performers across different financing instruments. The analysis of a small research system...

In this article, we present a comparative analysis of the organization of public funding of research in three central and eastern European countries. We first compare the organization of funding agencies, the portfolio of funding instruments and, finally, the repartition of funding by...

Although systems of innovation approach is gaining popularity among researchers and policy-makers, it is still rather difficult to apply this approach to specific policy settings and designs, because the approach is too general and does not provide many direct suggestions for building up an...

Empirical studies have shown that the internationalization processes of firms in re-search and development (R&D) are slower compared to those of trade or investments. The pioneers of R&D internationalization have been high-tech companies in small mar-kets with little research resources in their...