Working Paper
R&D (Re)location
The paper builds a framework for the analysis of research and development (R&D) offshoring and outsourcing that encompasses several strands of the economics literature. It surveys the predictions from key theoretical models advanced in the literature...
Blog
Entrepreneurship, Innovation and Development: Lessons from Finland
by
Otto Toivanen
October 2009
Otto Toivanen At least since the 1950s it has been recognized that innovation is central to economic growth. It has also been well understood that...
Working Paper
The Weightless Economy in Economic Development
Can the increasing significance of knowledge-products in national income— the growing weightless economy—influence economic development? Those technologies reduce “distance” between consumers and knowledge production. This paper analyzes a model...
Working Paper
The Process of Economic Change
A good deal is known about what makes for successful economic development, but very little is known about how to get there - that entails an understanding of the process of economic change. The paper first examines the sources of successful growth...
Blog
Owning our destiny: economic prospects for Africa
by
Yemi Kale
September 2024
Yemi Kale is the Group Chief Economist of the African Export-Import Bank. In this editorial, he reflects on the prospects for Africa’s future...
Working Paper
Market Concentration, Firm Size and Innovative Activity
The economic liberalization in India was expected to boost the economy, particularly the industrial sector through faster technological development. The Schumpeterian hypothesis, which studies the relationship between market structure variables such...
Working Paper
International and Intra-national Technology Spillovers and Technology Development Paths in Developing Countries
This paper analyses the paths of technology development among regions with heterogeneous economic and technological characteristics, focusing on the case of China. It finds that intra-national technology transfer, that is, the technology transfer...
Working Paper
The Market Place for Ideas
The thought that the academy might function like a ‘market place for ideas’ has been influential in the economics of science and is increasingly so in the philosophy of science/economic methodology literature. This paper contributes to this...
Working Paper
National Policies to Attract FDI in R&D
This paper is part of a project based on a broad data collection of policies in selected countries, with a special focus on the attraction of foreign R&D investments. The purpose of the research is to contribute to effective policy-making, capable of...
Working Paper
Innovation Policy, Entrepreneurship, and Development
This article first reviews the economic rationales for innovation policy. It then describes the Finnish innovation policy and policy making environment. The Finnish policy is evaluated from the point of view of fostering entrepreneurship. R&D...