Does capital flow from rich to poor countries? We revisit the Lucas paradox and explore the role of capital account restrictions in shaping capital flows at various stages of economic development. We find that, when accounting for the degree of capital account openness, the prediction of the neoclassical theory is confirmed: less developed countries tend to experience net capital inflows and mo...

This chapter investigates the topic of how open innovation is actually implemented by companies, according to a conceptual approach in which open and closed models of innovation represent the two extremes of a continuum of different openness degrees; though, these are not the only two possible models. By means of a survey conducted among Italian manufacturing companies, this chapter sheds light...

External knowledge has been the object of increasing attention in the past few years, corresponding to the rise in company innovation models that are based on a higher degree of openness towards external actors. This study investigates the practices that firms adopt in searching for external knowledge to innovate their products, exploring the relationships between perfo...

This study aims to determine the effect of financial development on economic growth in ASEAN-4 during 1999-2018. uses regression method and panel approaches using Fixed Effect Model method. research FEM quantitative a stata 13 estimation tool. The data results this indicated that has positive relationship with growth. is evident from three proxies, which have correlation domestic credit private...