India's diversified and sophisticated manufacturing base contrasts strongly with the near complete absence of visible innovative capabilities. This article examines the Indian "National System of Innovation" in order to address the question of the evident distinction between the ability to make...

This chapter is concerned with the ‘new’ world of information technology and knowledge intensity. This is a world marked by big investments in R&D, different cost structures and significantly changed demand conditions. You should read this chapter in conjunction with Chapter 19, which deals...

The paper discusses implementation of a research that is aimed at development of a simulation model which would allow analyzing different development strategies of the third generation university. Small countries’ universities have limits of growth. The problem can be solved with a new...

The paper aims at investigating the possible trajectories of regional clusters (industrial districts or local systems) in order to depict feasible strategies to cope with globalization. First, same relevant stylized facts on the new structure of global market are presented in order to illustrate...

The global innovation map is changing. Until a few years ago innovation activities were concentrated in the US, Europe and Japan. Not anymore. The rising powers of China, India and Brazil are encroaching on the innovation stronghold of the old powers. This report explores how deep the change...

Undervaluation of the currency is generally believed to affect growth through two main transmission channels: the “capital accumulation channel” and the “total factor productivity (TFP) growth channel”. This paper carries out the first empirical investigation on the TFP growth channel....

This is a pre-publication version of London’s Creative Sector: 2004 Update, which was published by the Greater London Authority (GLA) in 2002 and can be found, at the time of this report, at http://london.gov.uk/mayor/economic_unit/docs/creative_sector2004.pdf. It should be cited as Freeman,...

The basic features of the innovation of advanced countries, a combination of state, a strong corporate sector and infrastructure markets. The analysis of national systems of state regulation of research activities, methods to stimulate the process of creation and use of innovations in different...

The objective of this study is to investigate the causality between electricity consumption and economic growth for a panel of twelve MENA countries (seven energy exporters and five energy importers) over the period 1975–2010 within a bivariate framework. To examine this linkage, we applied...

The present study aims to show an analysis of relationship between gross fixed capital formation and economic growth in Romania, Bulgaria, Czech Republic, Poland and Hungary for the period 2003-2009. For this, the statistical connection analysis method is applied. The used variables are: the...