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This paper applies the Growth Identification and Facilitation Framework developed by Lin and Monga (2010) to Nigeria. It identifies as appropriate comparator countries China, India, Indonesia, and Vietnam, and selects a wide range of industries in which these comparator countries may be losing their comparative advantage and which may therefore lend themselves to targeted interventions of the government to fast-track growth. These industries include food processing, light manufacturing, suitcases, shoes, car parts, and petrochemicals. The paper also discusses binding constraints to growth in each of these value chains as well as mechanisms through which governance-related issues in the implementation of industrial policy could be addressed.

E-Business --- Economic Theory & Research --- Employment intensity --- Environmental Economics & Policies --- Facilitation framework --- Growth identification --- Growth performance --- Labor Policies --- Macroeconomics and Economic Growth --- Technological innovation --- Transport Economics Policy & Planning

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The enforcement of stringent intellectual property rights in the pharmaceutical sector of developing countries generates considerable controversy, due to both the extensive research investment and the public policy importance of this sector. This paper explores the likely effects of enforcing product patents on prices and utilization of drugs in the Central Nervous System market in India. The Central Nervous System segment is the second largest therapeutic category in terms of retail sales in the world and is one of the fastest growing segments in India. Using information on product patents granted by the government and panel data on pharmaceutical prices and utilization from 2003-2008, the paper finds limited evidence of overall price increase following the introduction of product patents. However, there appear to be heterogeneous effects on prices by the type of product patent granted on drugs, implying the need for a careful examination of the product patent portfolio.

Access to Markets --- E-Business --- Intellectual Property Rights --- Macroeconomics and Economic Growth --- Markets and Market Access --- Patents --- Pharmaceutical Industry --- Pharmaceuticals & Pharmacoeconomics --- Real & Intellectual Property Law --- Science and Technology Development --- Technological Innovation

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Focusing on issues in the management and governance of IT innovation, this book links concepts and theories of academic learning to actual real-life scenarios from the successful experiences of public and private sector organisations in Singapore. While there is little disagreement that innovation is the fundamental source of value creation and competitive advantage, investment in IT to support and foster innovation by no means guarantees success. There are various issues to be considered, such as the question of processes and structures that need to be in place in order to maximise value, how

Electronic government information -- Singapore -- Case studies. --- Information technology -- Government policy -- Singapore -- Case studies. --- Information technology -- Management -- Singapore -- Case studies. --- Technological innovation -- Singapore -- Case studies. --- Information technology --- Electronic government information --- Technological innovations --- Business & Economics --- Economic History --- Government policy --- Management --- Breakthroughs, Technological --- Innovations, Industrial --- Innovations, Technological --- Technical innovations --- Technological breakthroughs --- Technological change --- Electronic government publications --- Government information --- IT (Information technology) --- Computer network resources --- Creative ability in technology --- Inventions --- Domestication of technology --- Innovation relay centers --- Research, Industrial --- Technology transfer --- Government publications --- Technology --- Telematics --- Information superhighway --- Knowledge management --- Technological innovation --- E-books

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This paper analyzes the dynamic interactions between the precision of information, technological development, and welfare within an overlapping generations model. More precise information about idiosyncratic production shocks has ambiguous effects on technological progress and welfare, which depend critically on the risk sharing capacity of the economy's financial system. For example, we show that with efficient risk sharing more precise information adversely affects the equilibrium risk allocation and creates a negative uncertainty-related welfare effect, at the same time as it accelerates technological progress and increases R&D investment.

Econometrics --- Insurance --- Macroeconomics --- Crowdfunding --- Inventions --- Innovation --- Research and Development --- Technological Change --- Intellectual Property Rights: General --- Macroeconomics: Consumption --- Saving --- Wealth --- Insurance Companies --- Actuarial Studies --- Industrialization --- Manufacturing and Service Industries --- Choice of Technology --- Neoclassical --- Inventions & inventors --- Insurance & actuarial studies --- Business innovation --- Econometrics & economic statistics --- Technological innovation --- Consumption --- Sharing economy --- Overlapping generations models --- Technological innovations --- Economics --- Cooperation --- Equilibrium --- Welfare economics --- Econometric models.

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This paper explores the interaction between corporate ownership concentration and private savings, and by extension, the current account balance in Germany. As high corporate savings largely reflected capital income accruing to wealthy households and increasingly retained in closely-held firms, the buildup of external imbalances in Germany has been accompanied by widening top income inequality, rising private savings and compressed consumption rates. Rising corporate profits in an environment of high business wealth concentration account for 90 percent of the rise in the private savings rate and a third of the increase in the German current account surplus over 1999–2016.

Germany --- Macroeconomics --- Capital Budgeting --- Fixed Investment and Inventory Studies --- Models of Trade with Imperfect Competition and Scale Economies --- Management of Technological Innovation and R&D --- Aggregate Factor Income Distribution --- Macroeconomics: Consumption --- Saving --- Wealth --- Personal Income, Wealth, and Their Distributions --- Income inequality --- Income --- Private savings --- Income distribution --- Disposable income --- National accounts --- Saving and investment --- National income