This paper explains determinants of FDI levels in Bulgaria by comparing cluster theory and traditional theories of international production. The results obtained may add another perspective on future development of entrepreneurship in Bulgaria and other transition economies. The research...

For two decades now the cluster and network concept has been associated with economic growth and an upgrade of the local economic structure by many regional political actors. At the same time, although this concept is an extremely popular instrument of regional structural development among...

Cooke P., Clifton N. and Oleaga M. (2005) Social capital, firm embeddedness and regional development, Regional Studies 39 , 1065-1077. This paper presents the results of a research project examining the effects of social capital on the performance of small- and medium-sized enterprises (SMEs) in...

Taymaz E. and Kilicaslan Y. (2005) Determinants of subcontracting and regional development: an empirical study on Turkish textile and engineering industries, Regional Studies 39 , 633-645. Recent studies on small- and medium-sized establishments emphasize the importance of networking and...

Support of agriculture is justified, among others, by its contribution to rural economic development. Nevertheless, the relation between agricultural and general economic development may be ambiguous. On the one side, agriculture may affect other sectors positively via multiplier and income...

A comparison between University Expenditures on Education and Research shows a great advantage of the United States regions in comparison with the majority of the European regions and countries. Only a few European regions receive enough support for these important activities which have a highly...

This paper aims to make contributions to comparative analysis of regional economic dynamics in China and the US from the methodological perspective. More specifically, some recent advances in exploratory space-time data analysis (ESTDA) will be suggested and implemented to conduct this task in...