This paper reviews the major finance-related causes of private under-investment in innovation and the consequent alternative choices for public policy. The focus is on incentive-based arguments that address the problem of limited appropriability of new knowledge, and on the lacking access to...

Romania plays no part in the world technological race. In the last three decades, we have lost the technological leadership role in the oil industry, simply because the communist regime was reluctant to encourage the growth of information technology in general, and personal computers in...

В статье рассматривается проблема финансирования инновационной деятельности в России, ее виды и формы. Актуальность темы обусловлена возрастанием роли...

The purpose of this paper is to survey the various ways through which the Brazilian state has intervened in the area of technology development at the enterprise level. Government intervention in technology development has manifested itself in terms of four areas: First it had placed restrictions...

The Philippines is one of the leading exporters of high technology products from the developing world. However its production of these items is largely based on assembly of imported components. Affiliates of MNCs and small and medium local companies dominate the country's manufacturing sector....

This report is a descriptive account of the major features of the Venture Capital (VC) Industry in Finland. It has been prepared as a background report for a project entitled Venture Fun, carried out in an EU Network of Excellence PRIME and funded from the Sixth Framework Programme. The report...

The paper summarizes the findings obtained during the first year of the Venture Fun project, carried out in an EU Network of Excellence PRIME and funded from the Sixth Framework Programme. The paper defines the central concepts of the project, identifies questions for further elaboration and...

The Philippines is one of the leading exporters of high technology products from the developing world. However its production of these items is largely based on assembly of imported components. Affiliates of MNCs and small and medium local companies dominate the country's manufacturing sector....

The purpose of this paper is to survey the various ways through which the Brazilian state has intervened in the area of technology development at the enterprise level. Government intervention in technology development has manifested itself in terms of four areas: First it had placed restrictions...

Since the mid 1900’s, economist have come to recognize the role of innovative activity in firms productivity growth, particularly in the competitive market economies. However, the most conducive market environment for innovative activity has also become a subject of interest. Thus, a major...