Inflation and earnings growth can push some tax payers into higher brackets in the absence of inflation-indexed schedules. Moreover, inflation may affect the composition of individuals’ income sources. As a result, depending on the relative tax burden of labor and capital, inflation may...

Policy makers at all levels of government believe that one of the key drivers of local economic growth is new businesses. Therefore, governments design policy with the intention of attracting businesses with the hopes that this will create future growth in struggling areas. Over the past few...

The question of how universities do stimulate regional economic development is mainly inquired in studies focusing on innovation and entrepreneurship. In these studies universities are seen as important actors within regional innovation systems (RIS). Within these RIS universities fulfill...