This paper analyzes the impact of globalization on the allocation of public and private resources for research, knowledge creation and diffusion. We argue that while the concentration of research investments remains in a relatively small number of rich countries and regions, the focus of such...

National and local governments, international organizations and donors are increasingly using the instrument of cluster development programs (CDP) to promote economic development. This paper builds on the recent experiences of the Inter-American Development Bank (IDB) in financing and executing...

This paper analyzes quantitative findings on the innovative behavior of firms in the production chains of pisco and shoe manufacture in Peru, which are served by the network of Technological Innovation Centers (CITEs), the most important technology policy instrument available in Peru. These two...

The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth,...

This paper reviews and assesses some of the Productive Development Policies currently being implemented in Uruguay. Three horizontal and three vertical policies are considered in light of the market and public failures they attempt to address and minimize. Horizontal policies comprise...

While effective industrial policy requires close cooperation between government and business, there is little agreement on what makes that cooperation work best. This paper analyzes institutional arrangements for public-private cooperation and the character of private sector representation....

Environmental innovation is an essential part of a knowledge based economy, as environmental innovation makes economies more efficient by encouraging and facilitating the use of fewer material or energy inputs per unit of output. In this respect, environmental innovation replaces material inputs...

Economic growth thus far has been closely linked to the bulk conversion of energy stored in carbon based fuels (wood, coal, oil, natural gas) into useful work. Burning such fuels gives rise to CO2-emissions. These emissions, together with other greenhouse gasses (GHG's) like methane, are now...

This short paper on a very big subject deals with a worry - a worry that the present economic crisis is likely to contribute to the already-existing temptations of governmental and private actors alike to behave in a time-inconsistent fashion when responding to the challenge of climate change....