This paper investigates FDI-related spillovers in Brazil for the period 1996-2005. In contrast to most previous recent studies, which have failed to identify any significant effects in emerging economies, we found that horizontal spillovers did arise in Brazil. However, they did not arise simply...

This paper investigates FDI-related spillovers in Brazil for the period 1996-2005. In contrast to most previous recent studies, which have failed to identify any significant effects in emerging economies, we found that horizontal spillovers did arise in Brazil. However, they did not arise simply...

Between the 1940s and 1960s, studies of aircraft and ship production during World War II (WWII) gave rise to the concept of 'learning-by-doing'. This proved to be an influential and long lived idea. It has been embedded in micro-level analyses concerned with firm level management and in macro...

The paper presents an empirical analysis of the innovative activities of business groups. It compares the innovativeness of group-affiliated firms (GAFs) and standalone firms (SAFs), and it investigates how country-specific institutional factors – financial, legal, and labor market...

The advanced world is facing a crucial moment of transition. We argue that a successful outcome requires bringing innovation to the centre of government thinking and action and that, in order to do this, we must apply our knowledge of how innovation occurs and how to repair what has gone wrong....

This work analyses the evolution of the Local Area Network industry in terms of the interaction of technological and economic dimensions over time. It focuses in particular on two suppliers of LAN systems: the access technology industry and the internetworking industry. Two elements driving the...

Bioinformatics is the use of computers for the storage, recall and analysis of data derived from scientific research aimed at providing answers to biological questions. Increasingly pharmaceutical firms are choosing to incorporate bioinformatics into their drug research and development (R&D)...