Labour-intensive industries, located in medium/high-cost areas are presently facing increasing low-cost competition and outsourcing with tremendous consequences at the regional employment level. The ability to react and technologically adjust to the challenges of this harder market conditions is...

Internet use has grown rapidly over the last two decades and so has the digital economy's integration into the rural economy. Connecting to the Internet via high-speed technology such as DSL lines, cable, satellite, and wireless networks increases bandwidth and makes the Internet much more...

New economic geography focuses on the impact of falling transport costs on the spatial distribution of activities. However, it disregards the role of technological innovations, which are central to modern economic growth, as well as the role of migration costs, which are a strong impediment to...

One of the key issues in economics is the explanation of unemployment and its variation across different economies. Doing so, modern mainstream macroeconomics refers to the effects of financial crises and to institutional structures and their variation across countries. However, unemployment...

Slovakia is on route for searching its development model. It required courage to take bridge programs for invention, innovation and creativity. A new culture is created in relation to the third industrial revolution. It relies on the dispersion potential, universally available energy sources,...

In this paper, we aim at re-assessing the undisputed positive relationship between innovation and economic growth by questioning the view that R&D (and formal knowledge in general) equates innovation and innovation equates regional growth. We rather propose that these linkages are strongly...