Conflicts between optimality and sustainability are typical in the literature on sustainable development. Using the ‘‘capital-resource’’ growth model, Pezzey and Withagen (1998, Scandinavian Journal of Economics 100 (2), 513–527) have proved that if natural resources are exhaustible, the time-path of consumption is single-peaked, declining from some point in time onwards. This paper extends the...

vintage, technology lock-in, institutional lock-in, clean development mechanisms.

Aiming at identification of the components of competence-based vocational training, and its status in textbooks used in technological high schools, a content analysis of five textbooks on non-technological competencies, commonly used in all fields, was undertaken utilizing a check list considered as valid by curriculum experts. Furthermore, a perusal of related texts and documents revealed thre...

This paper notes the creative tension created by network industries in high technology production. The tension emerges due to firms’ needs to both focus on developing strong and defensible competencies and also the need to share knowledge as part of wider development networks. The paper looks at the development of the Bluetooth wireless standard within this context. We find that Bluetooth’s pro...

We investigate how multinational companies can foster economic development of the host country at the micro level. Traditionally the empirical literature measuring spillovers to the host economy arising from foreign direct investment has focused on productivity spillovers, i.e., technological externalities. In this paper we emphasise that pecuniary externalities from multinationals can also be ...

We explore innovation, openness, and the duration of intellectual property protection in markets characterized by platforms and their ecosystems of complementary applications. We find that competition among application developers can reduce innovation while competition among platforms can increase innovation. Developers can be better off submitting to platform control as opposed to producing fo...