Efficiency scores of the National Innovation System (NIS) for 22 countries, including the BRICS, G7, are calculated with the Data Envelopment Analysis (DEA). Relevant factors that may affect the innovation system efficiency are summarized based on the NIS Approach and the New Growth Theory....

The economic slowdown in the 70s in Latin America and Japan in the late 90s, generated a growing skepticism about the role of industrial policy in the process of economic development. Yet, new considerations have emerged over the recent period, which invite us to revisit the issue. This paper...

This paper analyses the impact of R&D on economic performance in Singapore from 1978 to 2012 through the use of time series analysis. The Cobb-Douglas based analysis establishes a long-run equilibrium relationship between Total Factor Productivity (TFP) and R&D investments. We found that...

Geographical fragmentation of production process reoriented the attention of scholars towards the issues concerning international trade. From trade in goods the world is increasingly experiencing trade in tasks. The concerns of the countries are largely shifting towards increasing their share in...

In this study we compare the evolution of labour productivity across the majority of EU member countries over the span of 1995-2016. Productivity growth combined with cross-sectoral employment shifts from manufacturing industries towards the service sectors can be observed in all countries. A...

We examine the impact of Ramp;D intensity and agency costs on the value of firms across 13 economies. Unsurprisingly, Ramp;D adds value while high agency costs reduce value. What is surprising is that Ramp;D adds value even when agency costs are high. We are able to show that in those firms,...

Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during 1980-2002 and remained well above that of the United Kingdom. Estimates using a dynamic panel equilibrium correction model indicate that sectors further behind the...

Innovation plays a crucial role in determining today's economic growth patterns. But what enables some countries to innovate more than others? This study attempts to answer this question by analyzing in premiere a panel of sixteen Eastern European transition countries. It provides a detailed...

Compared to other regions of the world, Africa is lagging in its drive toward knowledge-based economies. This study surveys the literature in order to highlight the policies and strategies with which African countries can accelerate their current drive towards knowledge economies. These are...

This paper explores the scientific interaction of public research institutions across Italy and USA over 2000-2010 based on co-authored publications. Data are from Scopus (2012) and National Science Foundation (2012). The results show the trends of US-Italy scientific collaborations per...