We also show that the evidence that knowledge spillovers flow along the supply chains is more robust than the traditional finding that knowledge spillovers depend on geographical distance or trade flows. Our findings support policies that favour participation in supply chains to foster economic...

We exploit historical and contemporaneous variation in local credit markets across Russia to identify the impact of credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and production processes that are new to them. They introduce...

We also show that the evidence that knowledge spillovers flow along the supply chains is more robust than the traditional finding that knowledge spillovers depend on geographical distance or trade flows. Our findings support policies that favour participation in supply chains to foster economic...

This study aims to analyze inter-stakeholders' interactions, destination governance, reverse innovation and the tasks of central government within Turkish medical tourism market. The investigation's objective is to shed lights on scientists and practitioners regarding to what extent medical...

The photovoltaic industry acts as a key force in the transition toward a sustainable energy production model. Only a niche market a few years ago, photovoltaic panels and installations are now becoming a mainstream electricity provider. As a highly dynamic, multi-technology and globally...

This report assesses major opportunities and constraints for the development of Eastern Africa's manufacturing sector, considers suitable examples from other regions, and draws lessons to enhance the manufacturing sector's contribution to Eastern Africa's economic transformation. The report is a...

The distribution of off-cluster firms around Science and Technology Parks (STPs) was determined in 4 cases in the UK. Off-cluster firms sharing the same Standard Industry Classification (SIC) codes as on-cluster firms were mashed onto a map of the UK and ArcGIS was used to establish zones around...

The purpose of this paper is to investigate the frequently neglected role of business model innovation (BMI) as a key instrument of strategic adaptation of Western multinational enterprises to emerging economy environment. Despite an abundance of studies on BMI, prior works have paid little...

We assess whether restrictions on insider trading accelerate or slow technological innovation. Based on over 75,000 industry-country-year observations across 94 economies from 1976 to 2006, we find that enforcing insider-trading laws spurs innovation — as measured by patent intensity, scope,...

Endogenous demand composition across sectors due to nonhomothetic demand (Engel's Law) affects i) sectoral compositions in employment and in value-added, ii) variations in innovation rates and in productivity change across sectors, iii) intersectoral patterns of trade across countries, and iv)...