f rom the viewpoint of economic theories, total factor productivity (tfp) is the most important component that leads to economic growth and development. the main purpose of this study was to evaluate the impact of knowledge-based economy on total factor productivity in the member countries of the middle east and north africa (mena) region. for this purpose, the panel data regression analysis ha...

the emergence and unprecedented growth of joint stock companies is undoubtedly one of the most significant economic developments.one of the outcomes of this development is the separation of ownership and control of the companies. such separation make it possible for the managers of the companies to make dicisions to serve their interes at the expense of the companies shareholders .this conflict...

Interactions between economic development and financial development are studied by looking at the roles of financial institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the evolution of the financing regimes. The effectiveness of R&D selection mechanisms depends on the institutions and the development stages of an economy. A...