Venture capital as a part of regional innovation system is assumed to play an important role for the commercialisation of innovative ideas and the development of high-technology industries in a region. This…
In 2003, the Kyoto Protocol which imposes legally binding emission constraints on industrialized countries is likely to enter into force. The Protocol has been celebrated as a milestone in climate policy, but…
Transaction costs will reduce the attractiveness of the Kyoto Mechanisms compared to domestic abatement options. Especially the project-based mechanisms CDM and JI are likely to entail considerable costs of…
A recent article presents effective corporate tax burdens for a number of countries. Its authors conclude that Germany can be considered to be a low tax country by international comparison, and that a tax reform…
