volatility of the real exchange rate. In addition, the sensitivity analysis shows that our model can rationalize more than 97% of … both persistence and volatility of the real exchange rate. Our analysis suggests that the purchasing price parity puzzle …

cost implies that firms save money by smoothing innovation spending across the business cycle if they have available … so, we investigate possible differences in the innovation-cash flow link between high-tech firms and all exporters …, creation and exploitation innovation activities, persistent and non-persistent exporters. Applying a modified Euler model and …

Throughout Pakistans history, policy has sought to promote exports through government support and incentives. The …, over the long run, the export financing scheme had a negative effect on exports while the rebate/refund scheme affected … exports insignificantly. Subsidy schemes clearly do not seem to work, yet they have been retained for many years. …

The issue of through what processes R&D collaboration with universities affects a firms’ innovation performance remains … under-researched. In particular, university relationships have not been fully integrated in the open innovation framework …. This study explores the relationship between firms’ collaboration with universities and their capabilities for innovation …

with global, national, regional and local knowledge and innovation dynamics. In the text, we stress the importance to … understand the current changes of the global and their implications for knowledge generation and innovation. Treating knowledge … as a key resource for innovation shifts the focus from the innovation itself to the process of knowledge generation …

This paper analyzes how different innovation-strategies of incumbent firms affect the quality of their entrepreneurial … files for the period 1997-2008, three types of incumbent firms are distinguished: firms that are engaged in innovation … new firm can be linked back to the innovation strategy of the parent firm. In contrast, there is strong evidence that …

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …