In this paper we focus on one type of externality, namely knowledge spillovers. Empirical studies on effects of knowledge spillovers in Europe have normally focused on localized effects, either on total factor productivity or knowledge production in terms of patent output. The purpose of this...

Contents: 1. Introduction: setting the stage; identifying the major drivers of globalization / Charlie Karlsson, Andreas P. Cornett and Tina Wallin -- Part I: General aspects of globalization -- 2. Does culture matter? The role of board efficacy, growth and competitiveness in Western and Asian...