The paper provides a reassessment of arguments and tests in support of the existence and magnitude of localized knowledge spillovers proposed by Jaffe, Trajtenberg and Henderson (1993). We use information in patents to control for the mobility of inventors across companies and space, as well as...

Cohesion policy has developed from a minor concern to one of the most important pursuits of the European Union. It amounts to about 35% of the EU budget, making it the second largest budget item. A reform of the EU’s structural policies is now unavoidable because of i) the performance of...

The history of a number of industries is marked by a succession of eras, associated with different dominant technologies. Within any era, industry concentration tends to grow. Particular eras are broken by the introduction of a new technology which, while initially inferior to the established...

The paper provides a contribution to the recent debate about targets and effectivenessof network policies at the EU level, by presenting a detailed analysis of the large R&D network that has emerged over Framework Programmes. Social network analysis and graph theory are employed to describe...

This paper investigates the size and scope of global production sharing in the telecom sector by analysing the international pattern of trade in telecom parts and components using bilateral trade statistics over the period 1978-2000. The results show that since 1995 the US have taken over the...

The paper aims at examining the drivers of the adoption of the Internet banking, in order to understand its role with respect to the traditional banking activity and to offer a comprehensive picture of the diffusion of such a technology within the sector. In doing so, it analyses the role of...

University-industry knowledge transfer is nowadays a very fashionable research subject, both in economics, and in management and policy studies. "Distance" between the two realms of academic and industrial research has been increasingly called in to explain the extent at which the academic...

We argue that, with an elasticity of substitution in consumption greater than one and higher scale economies in the skill-intensive sectors, the entire volume of world trade matters for wage inequality. This implies that trade integration, even among identical countries, is likely to increase...

We review the micro-level evidence on the effects of trade and investment liberalization in the developing world. The main findings can be summarized as follows. 1) There is evidence of trade-induced productivity gains; 2) These gains mainly stem from the intra-industry real-location of...

The rate of technical change that is characterising both the telecommunications and the computer industry has been a major driver of the evolution of a close and stable system into an open and dynamic one. The introduction of a cluster of new technologies has originated significant changes...