It is now apparent to many scholars and practitioners that research and development activities and innovation are the pathways to sustainable economic growth. One also recognizes that delving into a topic as such is rather challenging as it is a multidimensional task. We have learned quite a bit on the innovation-growth relationship of the dev- oped countries based on the extensive research on the topic. However, we are yet to understand the very same process for the developing countries where the challenges are expected to be paramount. There obviously is few empirical and theoretical...

Neslihan Aydogan It is now widely accepted that geographical proximity matters to economic and - cial life. Not only does it provide externalities that reduce transaction costs, but it also helps transacting parties form networks from which they can bene t greatly. More than ever, economists have been trying to bridge the development gap between poor and rich regions. Agglomerations are investigated toward that target because economists think that if certain regions can mix up that special formula to conti- ously innovate and produce, then understanding and forming such agglomerations could...

It is now apparent to many scholars and practitioners that research and development activities and innovation are the pathways to sustainable economic growth. One also recognizes that delving into a topic as such is rather challenging as it is a multidimensional task. We have learned quite a bit on the innovation-growth relationship of the dev- oped countries based on the extensive research on the topic. However, we are yet to understand the very same process for the developing countries where the challenges are expected to be paramount. There obviously is few empirical and theoretical...