Endogenous growth theory has significantly impacted most of the developing and developed countries, shifting priorities of industrial policies towards innovation. In line with this trend, the European Union significantly increased its budgetary allocation for R&D. However, statistical data show...

The Brexit vote has thrown up issues of the sharp regional disparities that divide the UK. The vote has been seen as a protest by those who felt left behind by globalization and hence a need for government policy to address regional disparities. As a result there has been a re-emergence of...