Insider-privatisation is, due to the political influence of incumbent managers and workers, the predominant form of privatisation in many transition economies. The model argues that while insider-privatisation often provides better managerial incentives, reform governments may not always wish to...

Global policy discussions increasingly focus on innovation and the knowledge economy as a driver of long-term growth. In parallel new forms of innovation processes are emerging, notably open innovation and innovation networks stressing the importance of connections between various stakeholders....

There are many arguments supporting greater private contribution to higher education costs, particularly in Europe. But this case largely rests on the capability to offer deferred, income-contingent payments and to pool the cost of income contingency among all graduates. The two first features...