The transformation of economy and society requires far-reaching technological and social innovations. To utilise the economic opportunities of transformation and to mitigate the negative effects of structural change, a determined transformation-oriented R&I policy is needed. Using the example of...

To synergise civil and military research, their separation should be abandoned and the so-called ‘civil clauses’ still enshrined in the statutes of many German universities should be reconsidered. Together with its European partners, the German government should establish joint development...

The AIDS epidemic threatens Kenya with a long wave of premature adult mortality, and thus with an enduring setback to the formation of human capital and economic growth. To investigate this possibility, the authors develop a model with three overlapping generations, calibrate it to the...

Primarily a disease of young adults, Acquired Immuno Deficiency Syndrome (AIDS) imposes economic costs that could be devastatingly high in the long run by undermining the transmission of human capital the main driver of long-run economic growth across generations. AIDS makes it harder for...

Primarily a disease of young adults, AIDS imposes economic costs that could be devastatingly high in the long run by undermining the transmission of human capital—the main driver of long-run economic growth—across generations. AIDS makes it harder for victims’ children to obtain an...