This paper develops a new latent index of human capital identified as valuable skills for seventy countries for the period 1970-2003. The index is compared to existing measures of human capital in assessing the Benhabib and Spiegel (2005) model of logistic technology diffusion. The study...

The concept of a business model facilitates analysis of the way in which a firm derives economic value from a newly developed technology. Indeed Chesbrough and Rosenbloom (2002) have argued that it is the business model adopted, more so than the technology itself, which is critical to the...

The resource based view of Wernerfelt (1984), Barney (1986, 1991) and Deirickx and Cool (1989) suggests that firms can achieve sustainable competitive advantage through the accumulation of strategic assets that are hard to imitate, substitute or trade (Amit and Schoemaker 1993). It is also...

This paper reports on some of the findings to date of the Centre?s pharmaceuticals research program, drawing upon a number of research papers produced by the Centre and included within the package of resource papers provided (CSES 2003, 2004; Sweeny 2002, 2003, 2004). Section 2 describes the...

The interest in, and the appeal of, fiscal federalism and fiscal decentralization have been increasing in recent years. At the same time many mature federations continue to evolve towards greater centralization, as Australia has evolved in the last one hundred years. The reasons for the...

Two central facts provide the motivation for this paper, and the intersection between them provides the central question. The first fact is the fundamental transformation of global economic activity which is taking place, and which is sometimes referred to as the emergence of the global...

With the emergence of the global knowledge economy we are seeing changes in the industrial composition of economies, in the nature of activities within industries, and in the relationships between industries. In this paper we seek to shed light on the nature of those changes. We begin by...

It is argued in this paper that vertical fiscal imbalance remains a serious problem for Australian federation. The paper shows that although by conventional measures vertical fiscal imbalance may have improved in recent years, judging by its impact on the States' tax structure it is clear that...

This paper argues that the rate of growth of the world economy is likely to accelerate over the coming decade as a result of the impact of the new information technologies on productivity, improvements in the capacity of businesses to manage accelerating technological change, and a continuing...

As countries, Canada and Australia have much in common. There is a shared heritage as new world British colonies and accordingly a similar culture, governmental institutions, living conditions, health and educational standards. Australia is somewhat smaller than Canada- its population of about...