Starting from today’s definition of innovation indicators, this paper analyses the dynamic relationships between innovation activities (approximated by two innovation input indicators and one innovation output indicator) and per capita income in Germany for the two periods from 1850 until 1913...

The empirical U-shaped pattern between product diversification and economic development has been widely examined, but here we analyze the determinants of diversification. We find that a high level of rent-seeking activities has a large impact on the diversification of nations: in countries where...

Over the past two decades there has been a substantial increase in the mobility of students in Europe, while also research has become much more internationally oriented. In this paper we document changes in the structure of research and higher education in Europe and investigate potential...

The past ten years have seen an expansion in industrial research. There has been a significant increase in the number of research-based companies, as well as in employment in research and development, and in expenditure in this area. Growth has been observed predominantly in companies in less...

This paper investigates to what extent the R&D behavior of manufacturing companies was influenced by the 2008/09 crisis. Based on a broad official data set for German manufacturing companies, only a few companies that engaged in R&D during 2008 gave it up in the following year. Some companies...

The paper studies the literature on financial innovations from point of view of the business. The recent financial indignation set out the question whether the innovative financial market instruments are long-term profitable enough. The issue however is not what is their quantity but what they...

The article answers the question to what extent the Bulgarian branch economy, in the transition to market economy, has lost specialization in high technological and value added export productions – leading consumers of new knowledge. The conclusions are that the branch economy has lost a...

The paper discusses the contribution, role and innovation activity of SME for the economy of the country in a particular business sector – wood processing and furniture industry, with focus on the furniture sector. The authors use official statistical information of NSI concerning the...

In the context of the theory of the knowledge economy, the paper interprets the role of the industrial property for improving the competitiveness of the firms and the significance of the patent-license firm policy for their innovative development. Based on analysis, the article formulates...

According to the General Innovation Index, the not large European countries (Austria, Belgium, Denmark, Ireland, Netherlands, Finland, Switzerland and Sweden) are among the leaders of innovativeness of the national economy. For the Europe scale, by number of population, area, representation in...