This article proposes to analyze, in the first part, the evolution of economic indicators of the craft sector, in terms of job creation, turnover, and added value. Then, this analysis will make it possible to study the characteristics and evolution of artisanal SMEs before examining the dynamics...

The objective of this study is to compare the effect of different types of public support for R&D projects on firms’ technological capabilities. We distinguish be-tween low-interest loans and subsidies and between national and European sup-port. Using data on 2,319 Spanish firms during the...

Although a plethora of research has examined the benefits of government support for stateowned enterprises, our understanding of how domestic support can become a source of liability is severely limited. In this paper, we develop a novel concept of “liability of domestic support” to...

The objective of this study is to compare the effect of different types of public support for R&D projects on firms’ technological capabilities. We distinguish be-tween low-interest loans and subsidies and between national and European sup-port. Using data on 4,407 Spanish firms during the...

The 2023 Merger Guidelines (MGs) change the Agencies’ narrative regarding non-horizontal mergers. They follow a four-pronged approach: (1) They blend horizontal and non-horizontal mergers. (2) They simplify the narrative about non-horizontal mergers. (3) They consoli- date and broaden the...

I study the impact of industrial policy on industrial development by consid- ering an important episode during the East Asian miracle: South Korea’s heavy and chemical industry (HCI) drive, 1973–1979. Based on newly assembled data, I use the introduction and termination of industrial...

Economic growth requires growth of energy consumption. In the second half of the twentieth century energy consumption began to outgrow its production and the United States. Consequently, we observe growing dependence of the U.S. economy on energy imports which is causing political and economic...

Purpose: Artificial Intelligence becomes increasingly embedded in various forms in organizational processes and business activities, transforming the structures that support organizations and industries at global scale. Technological innovations bring the need for regulatory institutions and...

The concept of „Industry Clusters“ has become very popular in the vocabulary of regional planners and researchers throughout the world in the last decade, namely in the United States, European Union and generally in OECD countries. However it has been not known in the Czech Republic yet. The...

This paper traces the evolution of Indian industrial policy and compared it with the picking up the winners (PUW)industrial policy adopted by many industrialized and industrializing countries. The study found that Indian industrial policy still lack the sectoral and firm-level targeting which...