In recent years, the concept of Regional Innovation Systems has evolved into a widely used analytical framework generating the empirical foundation for innovation policy making. Yet, the approaches utilizing this framework remain ambiguous on such key issues as the territorial dimension of...

This paper examines the causes of the failure by the Region of Waterloo (Ontario, Canada) to meet its objectives on sustainability. The analysis shows that in such macro matters as sustainability, scale does indeed matter, as do numerous other factors including the degree of trust in...

In recent years, the concept of Regional Innovation Systems has evolved into a widely used analytical framework generating the empirical foundation for innovation policy making. Yet, the approaches utilizing this framework remain ambiguous on such key issues as the territorial dimension of...

This paper examines the causes of the failure by the Region of Waterloo (Ontario, Canada) to meet its objectives on sustainability. The analysis shows that in such macro matters as sustainability, scale does indeed matter, as do numerous other factors including the degree of trust in...

In this paper, we test the Rodrik et al (2004) framework to explain differences in development levels across countries by using a broader set of definitions for institutions, geography and economic variables. We use a multi-faceted database to measure institutions in an attempt to go beyond the...

National framework conditions mediate the effect of technological capabilities of firms on their productivity. Although this has been recognized in the literature for a long time, a quantitative test that explicitly considers this hypothesis has been lacking. Using a World Bank datasets of about...

This paper provides an analytic review of selected contributions to the study of institutions and economic growth. We review the contributions to the study of institutional determinants of long-run growth by Engerman and Sokoloff, and Acemoglu, Johnson and Robinson. We discuss the work of Rodrik...

This paper analyzes periods of economic stagnation in a panel of countries. We test if stagnation episodes are predicted by institutional factors and external/internal shocks, as is implied by recent theoretical contributions, and compare the impacts of these variables with those of traditional...

This paper defines economic slumps as a sequence of structural breaks exhibiting a specific pattern. We identify 58 such episodes between 1950 and 2008 among a large sample of countries, and then examine the phases of decline. In several countries declines last extremely long, and we suggest...

The empirical literature on economic growth agrees that institutions and governance are important determinants of long-run economic growth rates. As a stylized fact, this literature points to a strong correlation between the level of GDP per capita and the general development level of...