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MICRO-DYN focuses on growth, employment and competitiveness in the knowledge-based economy through a micro-founded firm-based approach. The analysis moves from the micro-entities of economic actions and strategies at the enterprise level to sectoral, regional, national and European levels.

MICRO-DYN focuses on growth, employment and competitiveness in the knowledge-based economy through a micro-founded firm-based approach. The analysis moves from the micro-entities of economic actions and strategies at the enterprise level to sectoral, regional, national and European levels. From a policy perspective, the impact of corporate, industrial and regional strategies at national and European levels can be understood only through the changes they induce in individual firm behaviour. Cross-country firm-level evidence shapes the research undertaken. The analysis uses datasets across European regions and industries, exploiting individual data on firms and allowing for firm heterogeneity. These models are aggregated at sectoral, regional and national levels to recover the behaviour of aggregate variables. Micro-foundations highlight the role of microeconomic and policy parameters whose changes determine the reallocation of resources within and across sectors, regions and countries.