This paper is an attempt to tease out a typology of economic sectors based on a systems approach to innovation and economic growth that may be useful for policy analysis. The typology explored here revolves around novel products rather than ethereal knowledge-producing entities. This insight...

Innovation is novelty - it involves doing new things in new ways. So new products, new processes, new organizational methods, new services, and so on, are all part of innovation. Technological innovation transforms and improves the technical attributes and performance characteristics of products...

This paper measures financial integration among selected European Union equity markets over the period July 1990 to June 2006 using daily data. Eleven markets (Austria, Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Netherlands, Spain and the United Kingdom) are included in the...

It is frequently claimed that innovation is essential to economic performance, but such claims are usually quite general and abstract. Often they apply indistinguishably to economic growth generally, to the competitiveness of national economies, to the profitability, survival and growth of...

This paper mainly attempts to investigate empirically the Northern Cyprus output performance by using a panel data method for the period 1977-2005. A supplementary aim is to assess the impact of export orientation on the Northern Cyprus output level. Empirical results suggest that investment,...

This paper mainly attempts to investigate empirically the Northern Cyprus output performance by using a panel data method for the period 1977-2005. A supplementary aim is to assess the impact of export orientation on the Northern Cyprus output level. Empirical results suggest that investment,...

The literature on state capacity has suggested that state-industry relations are critical in understanding the structure of industry and the capacity for industry transformation within a particular social context. Further, there appears to be a need for science and technology policies that...

This paper examines some determinants of the choice between focused and distributed modes of organization in research and development (R&D). It argues that as organizations face mounting information-processing challenges, posed by complexity and uncertainty and inherent in innovation, they...

Two findings have been common in the literature on the impact of foreign aid on public sector fiscal behaviour in developing countries. The first is that aid ‘sticks’ to higher levels of recipient government expenditure, with aggregate expenditure often rising by more than the value of the...