A recent phenomenon of globalisation has come to be known as "Knowledge Process Outsourcing" (KPO), whereby knowledge-intensive R&D work is outsourced to an outside firm or an offshore-subsidiary. Primary motives of KPO are thought to be availability of highly-skilled labour, locations of...

The paper examines what impact different design options of emissions trading have on the innovation process in the electric power industry. Recent concepts of innovation research in evolutionary economics are reviewed and investment cycles in the German power sector are examined before taking a...

Extreme weather patterns are causing major damage on property and business and the question of who pays is becoming a serious issue. A law and economics point of view focuses on the problem that emitters of greenhouse gases externalize the true costs of their contribution to climate change...

Sustainability ; Climate Change ; What can the (re)insurance industry do? ; CC is also a societal choice...