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...

Are wages really a good proxy of the value of labour? Or, alternatively, do they largely reflect socio-institutional embedded practices of current societies according to which a manager deserves to be paid more than a nurse? This paper studies the determinants of wage remuneration and wage...

Contrarily to the notion of a natural tendency of deindustrialization, this paper, documenting the existence of a variety of patterns of deindustrialization, performs a cross-country, long-term analysis. Looking at industrial sectors and their technological characteristics, categorised on the...

In this paper we propose a novel sectoral taxonomy integrating three different attributes of sectors, namely i) the strategic dimension reflected into their belonging to different classes of the Pavitt taxonomy, ii) the capacity to create jobs both internally and externally with respect to their...

This position paper outlines the characteristics of the trends at stake in affecting the twin transition in the European automotive industry, and the political economy of the actors behind such transition. We first describe the automation and digitalization processes in the automotive sector and...

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....