The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...

This paper presents ideas and methods underlying the construction of an indicator that tracks the euro area GDP growth, but, unlike GDP growth, (i) is updated monthly and almost in real time; (ii) is free from short-run dynamics. Removal of short-run dynamics from a time series, to isolate the...

We use a new data set for European manufacturing firms to assess whether a short term technological convergence process has been taking place among manufacturing firms in seven European countries. The empirical analysis aims to study the effects of international co-operative R&D on short term...

Technology, whose etymology derives from Aristotle’s “techne,” (which means “craftsmanship” or “art”) represents one of the most primal instincts and distinctive features of human beings, which is the ability to use tools to increase one’s quality of life. In fact, today we can...

In March 2012, “Patents and Public Rights: The Questionable Constitutionality of Patents before Article I Tribunals After Stern v. Marshall” published in the North Carolina Journal of Law and Technology. Since the article’s publication, its arguments, or permutations of its arguments, have...

The European Union is mired in a bad economic equilibrium of stagnation and deflation – stag-deflation. While the problem is excess supply and inadequate demand, current policy, premised on private-sector-investment-led growth, aims to expand supply further through ultra-low interest rates....

In contrast to what has happened throughout the 1960s and 1970s, some of the largest EU countries and Japan are no longer closing the income gap vis-a-vis the United States. Worse, the gap may even be widenining since the mid-1990s. While in the case of Japan the gap in GDP per capita is...

In this article we have estimated the value of “Opportunity Driven Entrepreneurship” in Europe. We use data from European Innovation Scoreboard-EIS of the European Commission for 36 countries in the period 2010-2019. We use Panel Data with Fixed Effects, Panel Data with Random Effects, WLS,...

In this article we estimate the value of “Non-R&D Innovation Expenditures” in Europe. We use data from the European Innovation Scoreboard-EIS of the European Commission from the period 2010-2019. We test data with the following econometric models i.e.: Pooled OLS, Dynamic Panel, Panel Data...

In this article we investigate the determinants of the European “Most Cited Publications”. We use data from the European Innovation Scoreboard-EIS of the European Commission for the period 2010-2019. Data are analyzed with Panel Data with Fixed Effects, Panel Data with Random Effects, WLS,...