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Dear Colleagues,

I warmly apologize for cross-posting.

Best

Cristina Rossi Lamastra

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Cristina Rossi Lamastra, PhD

Associate Professor at Politecnico di Milano School of Management

Phone: 0039 0223993972

Fax: 0039 0323992710

Skype: crossi73

Web page: http://www.dig.polimi.it/index.php?id=308&tx_wfqbe_pi1[id]=52

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Resource (mis)allocation, innovation and the competitiveness of Europe

Guest Editors:

Chiara Criscuolo, Mika Maliranta and Angelo Secchi

CALL FOR PAPERS

Special Issue of Economia e Politica Industriale - Journal of Business and Industrial Economics

Resource (mis)allocation, innovation and the competitiveness of Europe

Guest Editors:

Chiara Criscuolo*, Mika Maliranta ** and Angelo Secchi***

* Science Technology and Industry Directorate, OECD, chiara.criscuolo@oecd.org

** ETLA and University of Jyväskylä, mika.maliranta@etla.fi

*** Paris School of Economics and Université Paris I Panthéon-Sorbonne, angelo.secchi@univ-paris1.fr

Background and objectives of the special issue

Investment in innovation and knowledge based capital (KBC) has been rising across Europe and OECD

countries. In some countries KBC is larger as a share of GDP than investment in physical capital and it is

more likely that tangible resources are reallocated to firms that invest in KBC. The extent to which

differences exist across countries – within Europe and between Europe and other OECD countries – may be

related to firm heterogeneity in terms of size, age, technological specialization, the radicalness of the

innovation. This has important implications for the productivity growth.

Policies that facilitate the reallocation of resources are therefore key in overcoming the inherent obstacles to

an efficient use of resources in modern economies. Policies that relate to well functioning product and labour

markets and bankruptcy legislation might help encouraging firms to experiment in face of uncertain growth

opportunities. Policies that guarantee the availability of financial capital and in particular high-risk capital as

well as human capital and innovation policies are key in making possible for innovating firms to thrive and

create jobs.

The aim of the special issue is to describe, analyze and improve our understanding of these issues collecting

original contributions on the following topics:

• determinants and drivers of innovation and knowledge based capital;

• reallocation processes and firm dynamics;

• productivity growth;

• role of human and financial capital for entrepreneurship, innovation and growth;

• role of policies in affecting resource reallocation, growth and entrepreneurship;

• determinants and drivers of the competitiveness of countries; with a special emphasis on EU or on

comparative analysis involving EU countries.

Submissions to the special issue should be made electronically to

http://www.springer.com/economics/industrial+organization/journal/40812 before April 30st, 2015. Authors

need to clearly indicate in their submission information and letter that their manuscript is for the Special

Issue on "Resource (mis)allocation, innovation and the competitiveness of Europe".

All submissions will be subject to the standard double blind review process followed by EPI. All manuscripts

must be original, unpublished works that are not concurrently under review for publication elsewhere. All

submissions should conform to the EPI manuscript submission guidelines available at:

http://www.springer.com/economics/industrial+organization/journal/40812.

The publication of the special issue is expected in the first issue of 2016. Questions about this special issue

may be directed to any of the guest editors at their email addresses provided above.

The special issue will be published as the first issue 2016. It will include an introduction by the guest editors and 4-5 papers. We have then decided to postpone the submission deadline to April, 30th, 2015.

For any question, please feel free to contact the Guest Editors.