Global economy has shown a rising income inequality as well as increasing the influence of innovations. Economic theory of income inequality-innovation nexus and empirical evidence are counter intuitive. Therefore, the present study attempts to examine a comparative analysis of income...

The recent phase of globalization has witnessed increasing influence of Asian countries in the global economy. This is supported by the rise of Asian firms and their increasing presence in economic activities across the globe through innovations in manufacturing. This paper attempts to trace the...