Understanding the microeconomic details of technological catch-up processes offers great potential for informing both innovation economics and development policy. We study the economic transition of the PR China from an agrarian country to a high-tech economy as one example for such a case. It...

Among the phenomena in economics that are not yet well-understood is the fat-tailed (power-law) distribution of firm sizes in the worldś economies. Different mechanisms suggested in the literature to explain this distribution of firm sizes are discussed in the present paper. The paper uses the...

Understanding the microeconomic details of technological catch-up processes offers great potential for informing both innovation economics and development policy. We study the economic transition of the PR China from an agrarian country to a high-tech economy as one example for such a case. It...

We investigate structural change in the PR China during a period of particularly rapid growth 1998-2014. For this, we utilize sectoral data from the World Input-Output Database and firm-level data from the Chinese Industrial Enterprise Database. Starting with correlation laws known from the...

Understanding the microeconomic details of technological catchup processes offers great potential for informing both innovation economics and development policy. We study the economic transition of the PR China from an agrarian country to a high tech economy as one example for such a case. It is...

"The questions such as, 'why the focuses of national policies vary significantly across countries, although their sources of policies are to a great extent identical'; 'why national development experiences mostly cannot be transplanted successfully among countries'; 'why some ineffective...

1. Introduction -- 2. Basic definitions and theoretical conceptions of institutional economics -- 3. A theory of the emergence of institutions -- 4. A model of networks of institutions -- 5. Varieties of policy reactions to the recent financial and economic crises and national systems of...