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This study investigates the sources of heterogeneity across a worldwide set of countries. Unspecified ex ante and unanticipated cultural (Protestant versus Catholic), geographical (continents), and institutional (OECD versus non-OECD) clubs emerge endogenously and naturally as homogeneous...
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Global eradication of extreme poverty requires absolute convergence of poverty rates worldwide towards zero. Using data for more than a hundred developing countries over 35 years, we conclude that such goal is likely to remain elusive. Rather than absolute convergence, we find club convergence:...
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A closer look at innovation for and from emerging markets respectively developing economies reveals that a variety of … different terms and concepts related to this type of innovation exist. The goal of my conceptual paper is to present a … differentiate them. After a first investigation in relation to innovation for and from emerging markets the keywords "reverse …
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developed home countries. The results can help managers, researchers, and policymakers to better understand the innovation …
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