In this paper we develop a simple neoclassical growth model with perfect internationalcapital mobility to analyze the international debt dynamics of developing countries ingeneral and Korea, Malaysia and Thailand in particular. We show that three differentregimes can be distinguished: a stable...

In analysing the impact of education on wage differentials and wage growth, we use next to personal characteristics (e.g. education) also job characteristics (e.g. skills required) to explain wages. We estimate wage equations on individual data for the Netherlands, 1986 – 1998. It turns out...

A transition to a new technological regime is complete (and stable) when accompanied with a co-stabilization between the mode of regulation and the regime of accumulation. Key to understanding the dynamics of transitions are the factors, including institutions, that “regulate” and stabilize...

This article focuses on issues concerning science and technology relationships posed by the emergence of a new drug discovery method, namely, combinatorial chemistry and biology. We assess the scientific content of combinatorial chemistry and biology using citations in patents to scientific...

In this paper we model the formation of innovation networks as they emerge from bilateral actions. The effectiveness of a bilateral collaboration is determined by cognitive, relational and structural embeddedness. Innovation results from the recombination of knowledge held by the partners to the...

The simplest rationale for the existence of a publicly funded university is that it provides some form of public good. If all the outputs of a university were privately owned, and privately appropriable, there would be no need for public funding. Either firms would fund the research and training...

This paper investigates the comparability of the 1999 Canadian Survey of Innovation with the European Community Innovation Surveys for 1997/1998 (CIS2). Four European countries are compared to Canada: France, Germany, Ireland, and Spain. Differences in terms of design and implementation of the...

Mexico and Argentina in the 1990s as well as Weimar Germany in the 1920s implemented similar exchange-rate-based stabilization programs which were successful in stopping inflation, but failed to generate the domestic savings and investment rates necessary for a sustainable growth path. It is...

We consider the problem between an employer and a research employee who has not finished a research project in time because of a lack of an innovative idea. The research project yields money in case of finishing it. The decision to be made is whether or not the researcher gets a contract...

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