This report forms part of the larger study initiated by IPTS on the socio-economic impact of ICTs in the acceding and candidate countries. It aims to describe the ICT manufacturing and software industry in Estonia and also throw light on how this industry will be affected by EU enlargement and...

The European Union, in the face of mounting geo-political and climate challenges, needs a more effective innovation policy. Currently, its broad experimentalist approach to innovation policies gives Member States and regions autonomy for policy design. However, this often needs more effective...

Innovation policy forms a foundation, and probably the most important one, of economic development in any society, especially in today’s society driven by information and communication technologies (ICT). The Schumpeterian processes of creative destruction need stewardship – creative...

The European Union, in the face of mounting geo-political and climate challenges, needs a more effective innovation policy. Currently, its broad experimentalist approach to innovation policies gives Member States and regions autonomy for policy design. However, this often needs more effective...

We examine the contribution of incremental and radical innovations to total factor productivity (TFP) growth at the firm level. The first part of our analysis is dedicated to the determinants of innovation and reveals two different innovation regimes. On the one hand, radical innovations rely...

The existing literature on the sources and nature of productivity growth during the early industrialization stages of U.S. has identified the combination of intellectual property rights (IPRs) with a large middle class and broad participation in markets as explanations for the extraordinary...

An analytical innovation enhances microeconomics, enabling it to answer all questions of macroeconomics. It combines the production and consumption decisions of the individual in one model. For each individual, it identifies the customers of what he sells, and the suppliers of what he buys. It...

This paper presents the stylized facts of open source software innovation and provides empirical evidence on the impact of increased competition by OSS on the innovative activity in the software industry. Furthermore, we introduce a simple formal model that captures the innovation impact of OSS...

In most OECD countries, the business services industry has grown much faster than the market sector as a whole. The industry in most cases, however, has displayed stagnating productivity growth, in some periods even a fall in productivity. Does this fast-growing industry with a bad productivity...