Globalization is the rapid increase in cross-border economic, social, technological exchange under the conditions of capitalism. International trade and investment have been the engines of world growth over the past 50 years. The tons of goods traded around the world have grown by 16 times since...

In this context, higher education as well as research and development (R&D) have long since ceased to be purely the domain of the developed Western economies. Numerous regions of the world, some in the emerging markets in particular – the often-cited BRIC countries – are catching...

The hypothesis of this paper is the existence of thresholds of scientific production that must be overcome to trigger new channels of interactions between the scientific and technological infrastructure. As the development process evolves, new interactions are initiated. The interactions between...

This paper models the decision of a firm to engage in innovative activity and to protect the results of that activity. Using a unique firm-level dataset collected for this purpose, estimation indicates that the interactions between current R&D and past licensing are prime contributors to...

In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...

Horizon 2020, is a legislative package that succeeds the current FP7, with a proposed budget of EURO 70.9 billion and it has been seen as a response measure to the economic and financial crisis, by creatig the possibilities to invest in future jobs and growth, while addressing EU citizens about...

A central question in climate policy is whether early investments in low-carbon technologies are a useful first step towards a more effective climate agreement in the future. We introduce a climate cooperation model with endogenous R&D investments where countries protect their international...