Migration was not an explicit goal of the Millennium Development Goals (MDGs), rightly so in this writer's view, but it was indirectly an integral part of achieving many, if not all, of the goals themselves. As we move towards the end of the MDG period in 2015, it is worth reflecting upon what...

This work explores which factors increase firms' propensity to enter into international markets. The study draws on the resource-based view and assesses the effect played by firms' technological capabilities and cost structures on entry. While many research papers consider those two factors to...

This article first reviews the economic rationales for innovation policy. It then describes the Finnish innovation policy and policy making environment. The Finnish policy is evaluated from the point of view of fostering entrepreneurship. R&D subsidies, the main tool of Finnish innovation...

The aim of this paper is to evaluate the impact in terms of poverty and cost of the introduction of social (or non-contributory) pensions in Europe. We use data from the household survey EU-SILC and focus on 17 countries. We simulate - in a static framework - the introduction of two social...

This paper examines the heterogeneous impact of industrial liberalization policy, the dismantling of the License Raj in India, on firms innovation performance. Our results show that larger and more productive firms in liberalized industries were more likely to take up RD while the smallest and...

We review the literature on national innovation systems. We first focus on the emergence of the concept of innovation systems, reviewing its historical origins and three main flavours (associated to three "founding fathers" of the concept). After this, we discuss how the notion of innovation...

Migration of skilled workers from developing countries has increased substantially in recent years. Traditionally, such patterns raised fears on the ground of the associated 'brain drain' as human capital formation is considered to be of central importance to the development and reduction of...

This paper defines economic slumps as a sequence of structural breaks exhibiting a specific pattern. We identify 58 such episodes between 1950 and 2008 among a large sample of countries, and then examine the phases of decline. In several countries declines last extremely long, and we suggest...

This paper is divided into two parts. The first part sets out a conceptual framework for diagnostic assessments of agricultural innovation capacity. It explains that contemporary patterns of agricultural development demand fresh thinking on how innovation can be promoted in ways that can deal...

Where the theory of free competition reigns, developing countries should open their arms to investments from all types of enterprises in order to maximize jobs. Ownership, measured by votes of shareholders or boards of directors, is immaterial to performance. Matters change drastically, though,...