Purpose The entire world is now witnessing the Fourth Industrial Revolution and Artificial Intelligence (AI) is indeed altering the lives of the many in both developing and developed countries. Massive digital transformations are affecting the economies of those countries and are bringing with...

The objective of this article is to approach the concepts of growth and economic development in order to highlight the essential aspects that differentiate them. These are fundamental concepts that define the economy of a nation and contribute for a better life for it. Economic growth does not...

This study investigates the impact of institutional quality on Foreign Direct Investment (FDI) inflows using panel data for low, lower-middle, upper-middle and high-income countries for the sample period of 1996-2016 using the system Generalized Method of Moments (GMM). The empirical results...

The high-technology sector has a particular importance in the development of modern national economies. It affects both the level of competitiveness and innovation. This was a prerequisite for the study to assess the competitive position of the advanced technology sector in the European Union...

Die seit etwa einem Jahrzehnt erheblich zunehmende Verbreitung von Informationsund Kommunikationstechnologien (ICT) birgt das Potenzial zur Revolutionierung von Arbeitsmärkten und Beschäftigung, gerade in Ländern mit bisher geringer Durchdringung von wirtschaftlicher Infrastruktur. Bereits...

The bioeconomy-specific paradigm has changed the perception of economic growth in the sense that the growth limits do not matter, but new growth opportunities. These are focused on: knowledge, investment in research, innovation and technological performance, which give meaning to the concept of...

The association of local and regional self-government is examined in regard to the decentralization of state administration. This study extrapolated data from 36 Organisation for Economic Cooperation and Development (OECD) countries and analyzed whether decentralization of the state assists in...

Competition is a core feature of science and has for some time also been viewed by institutions in the higher education sector, as well as the state, as an incentive to produce scientific output. Due to scarce financial resources third-party funding plays an increasingly important role. However,...