Innovation policy forms a foundation, and probably the most important one, of economic development in any society, especially in today’s society driven by information and communication technologies (ICT). The Schumpeterian processes of creative destruction need stewardship – creative...

Human capital has become a central element in the innovation debate, but in the discourse on international mobility, Eastern European "catching-up countries" are usually afflicted with a brain drain that is inconsistent with their economic development. The case study of Estonia shows that to...

US economist Hyman Minsky jokingly used to claim that there are as many varieties of capitalism as Heinz has pickles, that is 57 varieties (Minsky 1991). In this paper we argue that economic integration provides a similar analytical problem: economic integration can take many forms, and some are...