Az utóbbi egy-két évtizedben visszaszorulóban van az ipari társadalomra jellemző stabil, időhatárok nélküli (számos juttatással és biztosítékkal körülbástyázott) foglalkoztatás. Feltartóztathatatlanul terjednek ellenben az atipikus foglalkoztatás legkülönfélébb formái...

We examine the impact of the licensing policies of one or more upstream owners of essential intellectual property (IP hereafter) on the variety offered by a downstream industry, as well as on consumers and social welfare. When an upstream monopoly owner of essential IP increases the number of...

The possibility of capturing and sequestering some fraction of the CO2 emissions arising from fossil fuel combustion, often labeled as carbon capture and storage (CCS), is drawing an increasing amount of attention in the business and academic communities. We present here a model of endogenous...

There has been much debate on whether the investment in Information Technology provides improvements in productivity and business efficiency of banks and, weather the usage of the opportunities of Digital Technologies to better serve customers and achieve firm goals the proliferation of...

The Single Euro Payments Area (SEPA) initiative aims to establish a single market for retail payments in euro, for which major progress has been made. Understanding the effects of financial innovation and new payment media on the demand for money is very important in this context. The aim of...

Chamley (1986) and Judd (1985) showed that, in a standard neoclassical growth model with capital accumulation and infinitely lived agents, either taxing or subsidizing capital cannot be optimal in the steady state. In this paper, we introduce innovation-led growth into the Chamley-Judd...

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 countries over several decades. We show that...

We use data from over 1500 Finnish companies for the years 2006-2008 and 2008-2010 to explore complementarity of a firm’s R&D strategy with its external knowledge acquisition and innovation collaboration strategies. We define knowledge complementarity (tacit knowledge complementarity) of R&D...

Nelson Rolihlahla Mandela's death on 5 December 2013 and his funeral ten days later were taken as an occasion in the global media to discuss the merits of political leadership for human security, with occasional comments on its pitfalls. This particular leader is not the most politically safe...

While security of our<em> </em>hominid<em> </em>encampments and settlements must have been at or near the top of our species priorities since our evolution some several hundred thousand years ago, awareness of the magnitude of our alterations, interactions and impacts on our world is a very recent event. Even...