The authors analyze the optimal replacement of assets under continuous and discontinuous technological change. They investigate the variable lifetime of assets in an infinite-horizon replacement problem. Due to deterioration, the maintenance cost increases when the asset becomes older. Because...

Carbon leakage in this pape ris the phenomenon whereby Electricity Intensive Industries subject to harsh environmental standards move their activity or part of it to more environmentally lenient regions. Carbon leakage has been mentioned as a possible outcome of the EU Emission Trading Scheme....

One of the main objectives of the new European research and innovation policy agenda is to favour the positive demographics (creation and growth) of EU companies operating in new/knowledge-intensive industries, especially Small and Medium Enterprises (SMEs). These companies play an important...

This report provides an analysis of the state of Information and Communication Technologies (ICT) Research and Development activities in the European Union. This is the fourth report of a series which is published annually. This year’s report provides data up to 2008. The report starts with a...

This report analyses R&D investments by top R&D-investing companies from the ICT sector, for the period of 2005-2008. It focuses on the distribution of R&D investments by firms in specific ICT sub-sectors from the five main world regions, paying special attention to R&D investments by ICT...

A firm's decision to establish an R&D centre in a specific location creates externalities affecting other firms and, thus, a random distribution of location choices is unlikely. Expecting that the global distribution of R&D centres fulfils the criteria of a complex network, we apply social...

This report provides evidence on the inventive output of ICT R&D activity in the EU, the US and other regions and proposes an economic modelling framework for analysing the impact of the R&D processes. It uses patent statistics as a measure of output of the R&D process. According to the...

In this report, we look at the evolution of Europe's R&D intensity gap relative to the US and its main competitors, using data from repeated waves (2002-2010) of the Industrial Scoreboard, which collects data from top R&D performers in Europe and in the rest of the world (US, Japan, BRIC, Asian...

The European Union has adopted recently an ambitious strategy for developing the Bioeconomy in Europe. In this context, algae represent an emerging biological resource of great importance for its potential applications in different fields, including food and feed. Algae have been already used as...

Search faces (at least) two major challenges. One is to improve the efficiency of retrieving relevant content for all digital formats (images, audio, video, 3D shapes, etc). The second is to make relevant information retrievable in a range of platforms, particularly in high diffusion ones for...