This paper examines the relationship between the location of R&D and production activities. By using a sample of 799 Japanese investments in Europe, it distinguishes between affiliates performing only R&D, both R&D and production, and production only. The analysis produces two main results....

Network formation within the BRITE-EURAM program is investigated. We describe the role of the hub of the network, which is defined as the set of main contractors that account for most of the participations. We study the effects that the conflict of objectives within European research funding...

The adoption of intranets and extranets involve major organisational innovation. Intranets alter the flows and content of internal communications, while extranets alter communications between the firm and its clients and suppliers. The paper identifies a number of potential factors that may...

Ever since the start of the Industrial Revolution in Britain in the 1760s, innovation and investment have been crucial elements in economic explanations of the dynamics of capitalism. Classical economics recognises that innovation embodied in the form of new machines through fixed capital...

This paper is a preliminary attempt to map the changing tastes for works of art as manifested in the prices of paintings sold at auction. There are two main goals in this work: first, to describe a space in which we can represent the work of different artists; and second, to describe how...

Issues of European governance are currently at the fore of the debate on Europe’sfuture. Deliberations on the White Paper, which has recently been released (July 25,2001), have been encouraging and have reaffirmed the status of governance at theEuropean level to be a worthwhile subject of...

This paper contributes to the understanding of the importance of dynamic firm capabilities for corporate performance in isolating the effect of core competences on the performance of companies. It discusses and tests the assumed relation between core competences and economic performance,...

In this article we assume two levels of skills and two classes of goods, one produced with a technology requiring high skills, the other produced with a technology that can be operated by both low and high skilled workers. Our model generates two distinct labour market regimes. In one regime we...

This paper undertakes a brief evaluation of the trends in the internationalization of innovative activities. We provide a taxonomy of R&D internationalization strategies, and discuss the main relevant theoretical and empirical issues, before discussing the centripetal and centrifugal forces...

When new technologies are introduced in the production process or when technological change is incorporated in an economic model, it is agreed upon that this reduces the demand for low-skilled labour relative to the demand for high-skilled labour. In general the rationale for this argument is...