The paper surveys the instruments that are available for innovation financing in India. It identifies three such instruments, namely research grants and loans, venture capital and tax incentives. The effectiveness of all these instruments are then examined in some general fashion, but one of the...

India has one of the fastest growing telecom services industries in the world. Teledensity in the country which was less than one telephone per 100 people in 1991, when the country unleashed a wave of market reforms, have now increased to about 66 per 100 at the end of 2010. There are, of...

We extend an earlier model of innovation dynamics based on invasive percolation by adding endogenous R&D search by economically motivated firms. The {0,1} seeding of the technol-ogy lattice is now replaced by draws from a lognormal distribution for technology ‘difficulty’. Firms are rewarded...

This paper examines the importance of knowledge-skill complementarity in the process of contemporary economic growth. By analyzing Dutch manufacturing and carrying out an extensive spillover and wage inequality analysis, it is shown that knowledge-intensive sectors pay their high-skilled workers...

This paper uses a novel database composed of 4,262 European chemical patents applied for by 693 firms during 1987-1996 to compare the relative effect of firm and regional characteristics on the production of technological hits (highly cited patents). By using an extensive set of controls, the...

In this paper we analyse the cognitive roots of the division of labour and relate it to the reduction of tacitness in the organisation and technology of a firm. We study the interaction between efforts of knowledge codification and problems of control in production from an evolutionary and...

The aim of this paper is, on the one hand, to give a review of several streams in the litera-ture which differ with respect to the extent they assume knowledge to spread over regions. On the other hand, this paper shows the extent to which these theories are supported empirically. The regional...

The paper develops an empirical approach for analysing the relationships between funding and research output. In particular, it focuses on how the changes in the funding structure of multi-disciplinary old British universities have affected their propensity to carry out research of a more...

This paper contributes to the understanding of the importance of dynamic firm capabilities for corporate performance in isolating the effect of core competences on the performance of companies. It discusses and tests the assumed relation between core competences and economic performance,...

Issues of European governance are currently at the fore of the debate on Europe’sfuture. Deliberations on the White Paper, which has recently been released (July 25,2001), have been encouraging and have reaffirmed the status of governance at theEuropean level to be a worthwhile subject of...