While the US is one of the most important industrial partners of the EU, information on the means and extent of S&T cooperation between Europe and the US is neither systematically nor readily available. Often countries themselves re-orientate their strategies and internationalisation of their...

The paper presents and formalises an approach to the evolution of the organisation of industry which starts from multi-activity firms, and which relates to economists like Young, Stigler, and Richardson. To capture the open-ended process of disintegration of industry, the paper operates with...