It is well documented that business cycles of developed countries are characterised by persistent output fluctuations, and this has been the subject of much theoretical interest. However, the case for developing countries has been somewhat neglected in the literature. This paper addresses this...

The COVID-19 crisis has revamped the discussion about the redefinition of GVC. This paper contributes to the debate, analysing the productive relationships between European countries in four key manufacturing activities. In particular, the paper addresses two objectives. First, it maps the...

The architecture of a firm’s network of transactions in its surrounding business ecosystem may affect its innovation performance. Here we proximate a business ecosystem as a transaction network among firms. Specifically, we analyze how the innovation performances of the firms are associated...