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A new Digital Europe Programme (DEP), a funding instrument for development and innovation, was established in the European Union (EU) in 2021. The paper makes an empirical inquiry into the projects funded through the DEP. According to the…
This paper discusses how public research organizations consume funding for research, applying a new approach based on economic metabolism of research labs, in a broad analogy with biology. This approach is applied to a case study in Europe…
The integration of Central and Eastern European (CEE) countries into the European Economic Area serves as a valuable experiment for the regional economic development theory. The long-lasting convergence of these economies with more advanced…
Several studies have established the predictive power of the yield curve in terms of real economic activity. In this paper we use data for a variety of E.U. countries: both EMU (Germany, France, Italy) and non-EMU members (Sweden and the…
The evolution of economic and innovation systems at the national scale is shaped by a complex dynamics, the footprint of which is the nested structure of the activities in which different countries are competitive. Nestedness is a…
Training advanced AI models requires large investments in computational resources, or compute. Yet, as hardware innovation reduces the price of compute and algorithmic advances make its use more efficient, the cost of training an AI model…
The emergence of "big data" offers unprecedented opportunities for not only accelerating scientific advances but also enabling new modes of discovery. Scientific progress in many disciplines is increasingly enabled by our ability to examine…
This study explores how EU integration, globalisation, and geopolitical disruptions have influenced scientific collaboration among European countries at different stages of EU membership. Specifically, it distinguishes between the EU-14,…
The gross domestic product (GDP) is the most widely used indicator in macroeconomics and the main tool for measuring a country's economic output. Due to the diversity and complexity of the world economy, a wide range of models have been…
Contrary to conventional economic growth theory, which reduces a country's output to one aggregate variable (GDP), product diversity is central to economic development, as recent 'economic complexity' research suggests. A country's product…
Determining how scientific achievements influence the subsequent process of knowledge creation is a fundamental step in order to build a unified ecosystem for studying the dynamics of innovation and competitiveness. Relying separately on…
Many governments have placed priority on excellence in higher education as part of their policy agendas. Processes for recruitment and career advancement in universities thus have a critical role. The efficiency of faculty selection…
Software engineering capabilities are increasingly important to the success of economic and political blocs. This paper analyzes quantity and quality of software engineering research output originating from the US, Europe, and China over…
In this study, we consider research and development investment by the government. Our study is motivated by the bias in the budget allocation owing to the competitive funding system. In our model, each researcher presents research plans and…
In economic literature, economic complexity is typically approximated on the basis of an economy's gross export structure. However, in times of ever increasingly integrated global value chains, gross exports may convey an inaccurate image…
This paper examines the scientific performance of South Africa since 1994 (post-apartheid) until 2014 in comparisons with the rest of the world, utilizing relative indicator. It provides a view over current standing of South Africa in the…
Nowadays innovation is one of the main determinants of economic development. Patents are a key measure of innovation output, as patent indicators reflect the inventive performance of countries, technologies and firms. This paper provides…
One of the critical issues in national research assessment exercises concerns the choice of whether to evaluate the entire scientific portfolio of the institutions or a subset composed of the best products. Under the second option, the…
Innovation is among the key factors driving a country's economic and social growth. But what are the factors that make a country innovative? How do they differ across different parts of the world and different stages of development? In this…
India is now among the major knowledge producers of the world, ranking among the top 5 countries in total research output, as per some recent reports. The institutional setup for Research & Development (R&D) in India comprises a diverse set…