The object of study is the exchange of knowledge between agents of the private sector and its implications for innovation, social welfare and economic policy. The exchange of knowledge is of great importance, in particular with respect to innovative activity. New Growth Theory for instance...

In the context of increasing interrelatedness of economies, foreign trade and capital flows may prove crucial when considering their growth perspectives. This assertion is corroborated by contrasting growth experiences of the Baltic and Central Asian transition economies, which have undergone...

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