After a long period of catch-up growth that began after the Second World War, France has now reached a technological frontier in many sectors of its economy. Why is it then that the French economy ranks so low in various rankings of the world's most innovative economies? Why is it so difficult...

An informal model is described that leads to multiple macroeconomic equilibria as a consequence of random variation in the relative amounts of technological change for new and existing goods. The novel observation is that the rate of introduction and market penetration of new goods vis-a-vis...

This paper focusses on the definition of the word ‘innovation’ as used in scholarly manuscripts (books and articles) about the Innovation. The research was done in 1988, and reported in the Dutch Language in a Research Paper of the University of Eindhoven (The Netherlands). As preparation...

Economic growth depends not only on how people make decisions but also upon how their decisions are coordinated. Because of this, aggregate outcomes can diverge from individual intentions. I illustrate this with reference to the modern literature on economic growth, and also with reference to an...

The COVID-19 crisis has hit Italy severely: by mid-2020, GDP had returned to the level observed in 1993. This is the result not only of its sharp collapse in the first half of 2020, but also of its weak growth since the 1990s. Addressing the problems that have restrained the economy for 30 years...

An almost unanimously accepted issue is that the path to competitiveness of economies, whose companies are exposed to international competition, goes through innovation. This enables companies to adapt quickly to the pace of the technological change, in order to increase competitiveness. This...

Since the start of the Industrial Revolution, the global climate has changed dramatically. Concentrations of greenhouse gases (GHGs) in the atmosphere have increased sharply, followed by an increase in global average temperatures. However, business activities related to environmental protection...

This study is premised on the hypothesis that Social Networking is a promising target approach for advising undecided students for business specific majors. The need for social networking is evident from lower retention rates at colleges. Therefore, colleges are under greater pressure than ever...

The article is devoted to the necessity of introduction and diagnostics of opportunities for sustainable development of rural areas. The main criterion for the sustainable development of the agrarian sector is to improve the farmers' and rural residents' quality of life, which should be built on...