There is a general acceptance of the fact that a significant direct relationship between financial markets and macroeconomic variables exists, especially by considering the assertion that developed financial markets correspond to high GDP levels. This paper provides an investigation of the...

A large and still growing body of literature suggests that entrepreneurship is of exceptional importance in explaining regional specific efficiencies of knowledge spillovers. Although quantifying the impact of entrepreneurial activity for economic growth is an interesting issue -- particularly...

In this paper, we aim at re-assessing the undisputed positive relationship between innovation and economic growth by questioning the view that R&D (and formal knowledge in general) equates innovation and innovation equates regional growth. We rather propose that these linkages are strongly...

At the beginning of the XXIst century, the importance of innovation is brought in light mainly due to the huge differences that exist between the living standard of the richest and of the poorest nations, differences that could be partly explained through the fact that the most advanced...

The digital divide is now a subject of priority and a serious concern to East African Countries. This research has been made to have comprehensive understanding of the level of the digital divide in Ethiopia including the neighbouring countries and identify the lessons of best performing...

Small and medium sized enterprises (SMEs) account for about 99% of all enterprises in Croatia as well as in the EU economy. In most industries, SMEs attribute to much of the capital stock, employment, and a significant fraction of innovations. Among all SMEs, those that are growth-oriented make...