We use Cluj-Napoca, Romania as a case, to study the rising innovative city-regions in the transitional economies, their role in the global innovation networks, and the development of domestic innovation capability. We have the following main findings: First, while Romania as an economy is still...

Identifying the major driving factors behind variations in profitability across firms is a question addressed by many researchers, at industry, economic sector, country level, or through regional and international comparisons. Empirical approaches have shown that profitability variation across...