In this paper, we empirically test the effects of the EU's "cohesion policy" on the performance of 273,500 European manufacturing firms after combining regional policy data at NUTS 2 level with firm-level data. In a framework of heterogeneous firms and different absorptive capacity of regions,...

Part One. The Future of Market Capitalism: Introduction -- A projection of global prospects -- Threats to the global market system -- Seeing the threats as systemic -- Part Two. How business can lead: The business response -- Leading through innovative business modes -- Leading through...

"Two trends will have more influence than anything else on the world's future political and economic situation: the development of artificial intelligence and the emergence of China as a competitor to the United States on the international stage. This book is about the emerging innovation...