Because different people can develop different skills, a knowledge rich society must be an ecology of specialists; knowledge is distributed within each human brain, within each organisation and within the economic and social system; and being distributed it can grow, provided that it is...

In a realistic framework where the potential innovators’ research lines are imperfectly correlated and imitation takes some time, this paper studies an industry regulated by an authority which can tax (subsidize) the firms’ pure profits (R&D expenditures). By comparing the market equilibrium...

Transformation has been put in motion by a variety of both endogenous and exogenous forces. Although not any process was under the control of those countries, their choice of goals and instruments was anyway particularly great, at least theoretically. However, transformation was implemented as a...

This work provides a deeper account of an increasing phenomenon characterising the European Union in recent years, i.e. software patenting. To this purpose we present a novel database of software patents providing a reliability check. According to that, more than 30 000 software patents have...