As the central role of innovation in driving economic growth has become more widely recognized, policymakers are becoming aware that they need information on innovative practice to help them design effective policies, and monitor their impact over time. It is generally agreed that the evidence has to be collected systematically and repeatedly, in order to better understand not only the trends o...

The focus on human capital as a driver of economic growth for developing countries has led to undue attention on school attainment. Developing countries have made considerable progress in closing the gap with developed countries in terms of school attainment, but recent research has underscored the importance of cognitive skills for economic growth. This result shifts attention to issues of sch...

Today’s global social-political environment leads many to elevate entrepreneurship as a vehicle facilitating economic development. Even though different regions have similar new firm formation rates, there is a variation in terms of the contribution to economic development. Building on the resource based-view and Hofestede’s cultural dimensions, this paper proposes three factor view of the qual...

Consider non-atomic vector measure games; i.e., games u of the form u = f o(pI.. . ,p.), where (pIr.. .,p.) is a vector of non-atomic non-negative measures and f is a real-valued function defined on the range of (pi,. . .,pi.). Games of this form arise, for example, from production models and from finite-type markets. We show that the value of such a game need not be a linear combination of the...

This paper aims to examine indigenous innovation and draw implications for sustainable economic growth in China. It investigates China’s capacity and achievements in indigenous innovation at both the macro and micro levels. China’s indigenous innovation is also compared to that in other major economies in the world. It is found that China’s innovation development is well ahead of other economie...

Two approaches taken to the embodiment question are compared and discussed: quantitative theory and traditional growth accounting. The two approaches give very different estimates for the contribution of investment-specific technological advance to economic growth. Therefore, the approach taken matters. It is argued that the measures used in traditional growth accounting to gauge the importance...

The author refers to the social, economic, individual, and collective dimensions of the relationship between health and disease. He considers that individuals and populations are not equally exposed to protective and risk factors. He highlights the uneven development between nations and Brazilian regions, and communities, as well as discussing the relationship between development, wealth, healt...

Chile is a developing country with a rapidly expanding economy and concomitant social and cultural changes. It is expected to become a developed country within 10 years. Chile is also characterized as being in an advanced demographic transition. Unique challenges are posed by the intersection of rapid economic development and an aging population, making Chile an intriguing case study for examin...

Japan was the first non-western country to accomplish successful industrialization, and the dominant perception of its ‘industrial policy’ had over-emphasized specific characteristics of Japan. However, from the perspective of today’s development thinking, Japan’s economic history shared a wide range of common factors in usual economic development: macroeconomic stability, human resource develo...

We investigate the range of inflationary universe models driven by scalar fields possessing a general interaction potential of the form V (φ) = V0φ n exp(−λφm). Power-law, de Sitter and intermediate inflationary universes emerge as special cases together with several new varieties of inflation. Analysing the behaviour of these models at the extrema of φ we derive sufficient constraints on the m...