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on Economics of Strategic Management |
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Issue of 2013‒07‒05
five papers chosen by Joao Jose de Matos Ferreira University of the Beira Interior |
| By: | Iacovone, Leonardo; Mattoo, Aaditya; Zahler, Andres |
| Abstract: | Studies on innovation and international trade have traditionally focused on manufacturing because neither was seen as important for services. Moreover, the few existing studies on services focus only on industrial countries, although in many developing countries services are already the largest sector in the economy and an important determinant of overall productivity growth. Using a recent firm-level innovation survey for Chile to compare the manufacturing and"tradable"services sector, this paper reveals some novel patterns. First, although services firms have on average a much lower propensity to export than manufacturing firms, services exports are less dominated by large firms and tend to be more skill intensive than manufacturing exports. Second, services firms appear to be as innovative as -- and in some cases more innovative than -- manufacturing firms, in terms of both inputs and outputs of"technological"innovative activity, although services innovations more often take a"non-technological"form. Third, services exporters (like manufacturing exporters) tend to be significantly more innovative than non-exporters, with a wider gap for innovations close to the global technological frontier. These findings suggest that the growing faith in services as a source of both trade and innovative dynamism may not be misplaced. |
| Keywords: | E-Business,ICT Policy and Strategies,Public Sector Corruption&Anticorruption Measures,Housing&Human Habitats,Commodities |
| Date: | 2013–06–01 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wbrwps:6520&r=cse |
| By: | Vivien D. Procher (Jackstaedt Center of Entrepreneurship and Innovation Research, Schumpeter School of Business and Economics, University of Wuppertal); Diemo Urbig (Jackstaedt Center of Entrepreneurship and Innovation Research, Schumpeter School of Business and Economics, University of Wuppertal); Christine Volkmann (Jackstaedt Center of Entrepreneurship and Innovation Research, Schumpeter School of Business and Economics, University of Wuppertal) |
| Abstract: | For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI but that this effect is also specific to target regions. Overall, family firms invest more than managerial-led firms, particularly in Europe and North America. Furthermore the BRIC countries Brazil, Russia, India and China do not constitute a homogenous attractiveness cluster for FDI. |
| Keywords: | foreign direct investment, family firms, BRIC |
| JEL: | D21 F23 L22 |
| Date: | 2013–06 |
| URL: | http://d.repec.org/n?u=RePEc:bwu:schdps:sdp13004&r=cse |
| By: | Lawless, Martina (Central Bank of Ireland) |
| Abstract: | Small firms have often been identified as drivers of job creation, although the evidence on their contribution to net employment growth has been disputed. This paper shows that job turnover and firm growth vary systematically across firm size groups and that smaller firms do indeed make an important contribution to new job creation. There is a significant caveat, however; we find that it is not firm size per se that is driving these results but rather firm age. The considerable overlap between the two properties, as young firms overwhelmingly tend to be small, has perhaps led to much of the effect of firm age being misattributed to size. We show that younger firms are consistently more dynamic than older firms and this holds across all size classes, not just amongst smaller firms. In addition, a relationship between lagged employment and firm growth is found to exist only for young firms. |
| Date: | 2013–04 |
| URL: | http://d.repec.org/n?u=RePEc:cbi:wpaper:02/rt/13&r=cse |
| By: | Reiljan, Janno; Paltser, Ingra |
| Abstract: | Research and development (R&D) policy has to fulfil a central role in innovation policy since it consists of government sector measures that support R&D in order to initialise and promote innovation. The authors of this article discuss first the theoretical reasoning for government sector intervention in R&D processes. The empirical study examines the level and structure of government sector resources and expenditures for R&D policy in EU member states (including Estonia), countries closely associated with the EU, China, Japan and South Korea. The aim of the article is to compare the position of these countries on the basis of R&D policy implementation from the aspect of resource and expenditure supply. In order to achieve the aim, the following research tasks are tackled: on the basis of research literature, the necessity, essence, measures and anticipated outcomes of R&D policy are explained to create the theoretical base for the empirical study; on the basis of the empirical analysis, an assessment on the international position of R&D policy implementation in several new EU member states and Asian countries is conducted. The data used in the empirical analysis is gathered from Eurostat and OECD databases. -- |
| Keywords: | market and system failures,R&D policy,EU,Estonia,South Korea |
| Date: | 2013 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:opodis:201303&r=cse |
| By: | Maria Bas |
| Abstract: | This paper investigates the relationship between the reform of energy, telecommunications and transport services in India in the mid-1990s and manufacturing firms’ export performance. The empirical analysis relies on exogenous indicators of regulation of Indian services sectors and detailed firm-level data from India in the 1994-2004 period. I find that the reform of upstream services sector has increased the probability of exporting and export sales shares of firms producing in downstream manufacturing industries. The results suggest that the effect of services liberalization on manufacturing firms’ export performance is stronger for initially more productive firms. These empirical findings are robust to alternative econometric specifications that control for other reforms, industry, firm characteristics and that deal with potential reverse causality concerns. |
| Keywords: | Services liberalization;manufacturing firms’ export performance;firm heterogeneity;firm level data |
| JEL: | O10 O12 F1 L8 |
| Date: | 2013–06 |
| URL: | http://d.repec.org/n?u=RePEc:cii:cepidt:2013-17&r=cse |