This paper estimates the parameters of the ideas production function crucial to recent ideas-driven growth models. Using U. S. patents granted to residents in OECD countries in order to construct the stock of commercially used ideas, we provide evidence for two main findings. First, at the level...

The present paper proposes a review of the current object and problems facing the public economy. For the past decade and a half, public economy has clearly come back in the attention of the research interests of specialists from the Central and Eastern European countries. Among these, the...

Access to modern energy is a central feature of economic and social development. Almost all developing countries need to expand and improve the efficiency of their energy infrastructure. It is difficult to imagine the conditions that would allow the eradication of poverty without adequate and...

John Kenneth Galbraith might be considered the unknown founding father of our collective attempt to build a "PEKEA" (Political and Ethical Knowledge in Economic Activities). As a matter of fact, he has developed a "political and moral philosophy" conception to study economic activities. Compared...

There is no way to measuring the pay-off of basic research activities and the reasons that lead countries to spend a part of their R&D budget in this field may appear as ideological rather than bearing the stamp of economic common sense. Still, in spite of our time of privatisation,...

The first part of the paper deals with the theoretical foundations of new industrial policy tools aimed at promoting a process of interacting learning among firms. I discuss the issue at three different levels: first, I define the theoretical boundaries of my research interest within the...

This paper estimates the parameters of the ideas production function crucial to recent ideas-driven growth models. Using U. S. patents granted to residents in OECD countries to generate the stock of commercially used ideas, we provide evidence for two main findings. First, at the level of the...

The essays in this volume examine the economist as public intellectual. Rather than assessing the changing status of the public intellectual in culture or attempting to define the identity of the public intellectual, our approach is to study the public interventions of economists, that is, the...

This study investigates factors determining the location of foreign direct investments (FDI) in Sweden. The main purpose is to examine the link between FDI and public incentives, in the form of regional grants, which make up a central part of the Swedish regional policy and state expenditures...

Public intervention in the banking sector takes three main forms: prudential regulation, especially with the Basel II ratio for adequacy of a bank's own funds for their exposure to risk ; insuring deposits, the goal of which is to ensure a minimum level of protection for depositors and savers in...