competitive environment to attract infrastructure investment (in terms of fibre-optic rings and cable links, among others), and …

low economic growth when the uncertainty of risky investment in R&D is high. As a consequence of soft-budget constraints … growth can be achieved when the uncertainty of risky investment in R&D is high. This is because bad projects can be stopped … paper we attempt to fill the gap by examining how financial institutions affect technological innovation and thus affect …

Entrepreneurs, creators of new firms, are a rare species. Even in innovation-driven economies, only 1-2% of the work … environment is receptive to innovation. In addition, policymakers need to prepare for the potential job losses that can occur in …

Innovation is often seen as carried out by highly educated labor in R&D intensive companies with strong ties to leading … centers of excellence in the scientific world. Seen from this angle innovation is a typical “first world” activity. There is …, however, another way to look at innovation that goes significantly beyond this high-tech picture. In this broader perspective …

We study how frictions in learning others' technology, termed "imperfect technology spillovers," impact firm innovation … strategies and the aggregate economy through changes in innovation composition. We develop an endogenous growth model that … generates strategic innovation decisions, where multi-product firms improve their products via own-innovation and enter new …

and innovation, trying to map - using the taxonomies put forward by the innovation literature - the concrete ways through … involved into globalized markets where domestic innovation has to be complemented by the role played by international … technological transfer. Among the ways how a middle income country can foster domestic innovation and structural change in terms of …

innovation, trying to map - using the taxonomies put forward by the innovation literature - the concrete ways through which a … into globalized markets where domestic innovation has to be complemented by the role played by international technological … transfer. Among the ways how a middle income country can foster domestic innovation and structural change in terms of sectoral …

Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … welfare state, as well as through offshoring and reduced fixed capital investment of the corporate sector. The outcome was …