China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced … liberalisation; strengthening competition in markets for goods and services; education, research and innovation. Progress is also …’éducation, la recherche et l’innovation. Des progrès sont également requis dans d’autres domaines, notamment pour promouvoir des …

the definition itself of financialization. …

to innovation and growth. Finally, an outline of the role of monetary policy in sustaining growth and innovations by …

The purpose of this paper is to model the production of innovation in the financial sector firms and to quantify its … Respondents Database, 2005 and matched with the Fourth Community Innovation Survey, 2002 to 2004. The results show that … consistently with what is found in other papers in this field, investment in R%D is not relevant for the production of innovation …

model. A firm which is financed by outside shareholders but run by managers has the prospect of a process innovation which … arrives stochastically. Adopting the innovation requires firing old management and hiring new with skills appropriate for the … innovation. In "maximum rent extraction" equilibrium' managers are unable or unwilling to match the impending productivity …