The aim of this paper is to analyse the relationship between the inward Foreign Direct Investment in South-eastern European countries in relation with the factors which determine the ability of a country to attract foreign investment capital. The paper begins with the definition of the main...

Technology is apparently one of the main determining sources of productivity and economic growth and there is a huge literature on productivity, growth and innovation. This paper is aiming to review the main topics related to productivity, growth and innovation activities. In particular, the...

There is a huge literature for the role and the implications of entrepreneurship on innovation activities and economic growth, through ‘regional systems of innovation’. This paper attempts to define the main determinant factors of entrepreneurial and innovation activities. In particular, the...

This paper estimates, incorporating a Transcendental Logarithmic Production Function, the technical efficiency level of different industries in selected E.U. countries. The paper considers panel data for inefficiency effects in stochastic production frontier based on Battese and Coelli (1995),...

Globalization and competition has shifted the comparative advantage of economies towards the factor of knowledge and innovation, where productivity based on the endogenous development capabilities plays a rather important role, as far as growth and competitiveness enhancement are concerned. In...

Globalization and competition has shifted the comparative advantage of economies towards the factor of knowledge and innovation, where productivity based on the endogenous development capabilities plays a rather important role, as far as growth and competitiveness enhancement are concerned. In...

This paper estimates, incorporating a Transcendental Logarithmic Production Function, the technical efficiency level of different industries in selected E.U. countries. The paper considers panel data for inefficiency effects in stochastic production frontier based on Battese and Coelli (1995),...

Neoclassical economics assume that producers in an economy always operate efficiently, however in real terms, producers are not always fully efficient. This difference may be explained both in terms of efficiency, as well as unforeseen exogenous shocks outside the producer control. This paper...

Public expenditure is efficient if its planning and policy objectives are achieved and inefficient if they are not. Efficiency is measured by an index of observed and desired performance and involves a comparison of actual performance with optimal performance located on the relevant frontier....

One of the most analysed business practices related to technology and innovation has been the coordination of the activities of rival firms and institutional bodies in Research and Development. This paper focuses on the analysis of the collaborative agreements in Research and Development. The...