Industrialization has long been seen as the answer to underdevelopment and poverty. First this led countries to follow protectionist import substitution policies but as these failed developing countries have opened up to trade and FDI and tried to follow strategies of export driven...

Bury is a Metropolitan Borough situated in north Manchester. Whilst the centre and south of the Manchester conurbation have benefited from notable economic growth, this has not been so in the north due to its continued reliance on a depleting manufacturing base. Bury in particular has become...

We develop an endogenous-growth model in which we distinguish between inventors and innovators. This distinction implies that stronger protection of intellectual property rights has an inverted U-shaped effect on economic growth. Intellectual property rights protection attributes part of the...

We present a model that separates entrepreneurship from profit-motivated corporate R&D aimed at improving existing production processes. Our model embeds the core idea of the knowledge spillover theory of entrepreneurship in established knowledge-based growth models by enriching their knowledge...

There is evidence that entrepreneurial activity plays a non-negligible role in driving economic development. In this paper we investigate whether the industry in which the entrepreneurial activity takes place matters for economic growth, both in developed and developing countries. We distinguish...

Industrialization has long been seen as the answer to underdevelopment and poverty. First this led countries to follow protectionist import substitution policies but as these failed developing countries have opened up to trade and FDI and tried to follow strategies of export driven...

In this paper we first propose a proxy for the maturity of a country’s export bundle based on the product life cycle theory. Employing a conditional latent class model, we then examine the relationship between export maturity and economic growth for 98 countries during the period 1988-2005. We...

Increasingly, endogenous factors and processes are being emphasized as drivers in regional economic development and growth. This 15 chapter book is unique in that it commences by presenting five disciplinary takes on endogenous development from the perspectives of economics, geography,...