It has been shown that firms tend to developdifferentmodesof innovation triggeredby the relationship betweendifferenttypes ofknowledge andlearning processesunderpinning it. Thispaper aims at identifying differentmodes ofbusiness innovation; second, relating them to firms' innovative and...

This is a reply to an article which argued that supply-side costs are solely responsible for cyclical contractions and that demand plays only a negligible role. My reply emphasizes that cyclical downturns are caused by both limited demand and rising costs. The limited demand is caused by shifts...

This paper evaluates the five most popular analytical approaches to the East Asian "miracle" economies: neoliberal, structural-institutional, "flying geese," Greater China, and dependency perspectives. Distinguishing between national and regional development visions, we specify the key forces...

This article examines primarily the social impacts of the 2001 economic crisis on small employers and workers and their evaluation of the crisis in Ankara, Turkey. Besides this basic aim, it also provides an overview of the macroeconomic policies that have been implemented since 1980 and...

Different countries may have a common interest in the endeavor to build strong clusters or to boost the cooperation between clusters within a specific region. They can use the same specialized research infrastructure and same testing capabilities; they can also encourage cross-border transfer of...

The aim of this paper is to examine the changes on food consumption patterns of Greek households, following the economic crisis in Greece and the austerity measures that have greatly reduced the households' incomes. Six patterns of food consumption's behaviour have been detected, revealing that...

For the last decade the Republic of Croatia has been preparing to enter and become a full member of the European Union (EU). The negotiations began in the context of political and social issues (the degree of democratization of society, respect for human freedoms and rights, etc.). Then in the...

In crisis periods many malfunctions affect the economic environment. The forecasting process is also influence by the negative evolution of the macroeconomic variables. It is hard to predict the economic behavior of many indicators because of the lack of stability of the economic world. It is...

Exchange rate regimes evolution in the European transition economies refers to one of the most crucial policy decision in the beginning of the 1990s employed during the initial stages of the transition process. During the period of last two decades we may identify some crucial milestones in the...

The real estate sector represents the important part of the economy, since it creates the preconditions for the economic development. The structural reforms and substantial foreign direct investments in Central and Eastern European countries during the transition period had enabled to develop...