Diversity is considered key to research, innovation and growth. However, throughout the literature, the exact meaning of the notion of diversity is often left in the midst. What is more, whilst the relation between diversity and productivity growth by now has been extensively addressed, still...

On the basis of the suggestions of Friedman (1969, 1993) and Moore (1965) and considering the framework proposed by Balke and Wynne (1994, 1995), this paper evaluates whether recoveries growth depends on the characteristics of prior recessions (depth, steepness and duration) in the case of the...

Cities and towns are loci of population and production. In 2010, 80.7 percent of the United States population resided in urban areas, and the U.S. Bureau of Economic Analysis reported that in 2011, 90.1 percent of GDP was produced in metropolitan statistical areas (MSAs), emphasizing that urban...

Innovative activities have been considered mandatory for surviving in a dynamic market environment, inter alia in the machinery industry. Nothing has received as much attention as innovation, which has been pinpointed as the fundamental driving force for economic growth and welfare as well as a...

Regions in Germany are facing an intensifying structural change towards the knowledge economy which is affecting spatial patterns of growth. . Features of such a change know many facets: fierce competition for skilled, mobile and motivated labor force, unemployment of non-qualified labor, longer...

This paper deals with the relationship between knowledge, innovation and regional growth. The study is carried out through the application of nonparametric estimation methods to European data at NUTS2 level. We provide evidence that the share of innovative ...firms plays a more relevant role in...

The labour endowment and utilization across sub-national regions differ by educational attainment. Generally, the high-income developed regions are richly endowed with the highly educated that enjoys greater employment stability. The reverse may be true for the lower-income developing regions....

The Interference of liberal principles and the reintroduction of a market economy have changed the structure and the organization of the productive system of centrally planned and administered countries (NOVE, 1981; ANDREFF, 2007). The new forms of industrial organization, which are the source of...

Nowadays the realization that certain economic units, universities or other objects have impact on the economy of their region comes more and more into prominence. A growing demand appears to generate more precise studies regarding the quantification of economic impact of these entities. The...

The paper evaluates the impact of the EU Eastern enlargement 2004 on the economic performance of border regions located at the frontier to the new member states in the East. These regions were assumed to be particularly affected by the enlargement because of their geographic proximity to the new...