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on Economics of Strategic Management |
By: | Nikolay Chichkanov (National Research University Higher School of Economics); Ian Miles (National Research University Higher School of Economics); Veronika Belousova (National Research University Higher School of Economics) |
Abstract: | The development of service industries in emerging economies has been attracting more attention in recent years, but to date there have been few studies of knowledge-intensive business services (KIBS) in these countries. (The main exception is the case of a specific sector – software and related Information Technology services, with most focus here being on India. KIBS as a whole have received little examination.) This paper aims to study how conditions for innovation influence innovation activities in KIBS in one of the largest emerging countries, Russia. The study draws on survey data from firms belonging to ten KIBS subsectors, based in major Russian cities in 2015. The results contrast with those generally reported in Western developed economies. In this particular emerging economy, firms experiencing negative market and knowledge conditions are actually more liable to undertake nontechnological innovations. We consider various explanations for this apparent anomaly. The institutional framework appears to be less essential for KIBS than has been earlier documented for manufacturing enterprises in Russia. Implications for innovation management and policy are outlined: both government and corporate, strategies here would benefit from more attention to these sectors |
Keywords: | KIBS, conditions for innovation, emerging economies |
JEL: | O30 O31 |
Date: | 2019 |
URL: | http://d.repec.org/n?u=RePEc:hig:wpaper:92sti2019&r=all |
By: | Akcigit, Ufuk; Ates, Sina T.; Impullitti, Giammario |
Abstract: | How do import tariffs and R&D subsidies help domestic firms compete globally? How do these policies affect aggregate growth and economic welfare? To answer these questions, we build a dynamic general equilibrium growth model where firm innovation endogenously determines the dynamics of technology, market leadership, and trade flows, in a world with two large open economies at different stages of development. Firms’ R&D decisions are driven by (i) the defensive innovation motive, (ii) the expansionary innovation motive, and (iii) technology spillovers. The theoretical investigation illustrates that, statically, globalization (defined as reduced trade barriers) has ambiguous effects on welfare, while, dynamically, intensified globalization boosts domestic innovation through induced international competition. Accounting for transitional dynamics, we use our model for policy evaluation and compute optimal policies over different time horizons. The model suggests that the introduction of the Research and Experimentation Tax Credit in 1981 proves to be an effective policy response to foreign competition, generating substantial welfare gains in the long run. A counterfactual exercise shows that increasing tariffs as an alternative policy response improves domestic welfare only when the policymaker cares about the very short run, and only when introduced unilaterally. Tariffs generate large welfare losses in the medium and long run, or when there is retaliation by the foreign economy. Protectionist measures generate large dynamic losses by distorting the impact of openness on innovation incentives and productivity growth. Finally, our model predicts that a more globalized world entails less government intervention, thanks to innovation-stimulating effects of intensified international competition. |
Keywords: | economic growth; short- and long run gains from globalization; foreign technological catching-up; innovation policy; trade policy; competition |
JEL: | F13 F43 O40 |
Date: | 2018–12 |
URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:91712&r=all |
By: | Gürtzgen, Nicole (Institute for Employment Research); Diegmann (né Nolte), André (Centre for European Economic Research (ZEW) and Institute for Employment Research (IAB)); Pohlan, Laura (Centre for European Economic Research (ZEW) and Institute for Employment Research (IAB)); van den Berg, Gerard J. (University of Bristol, IFAU Uppsala, IZA, ZEW, CEPR and CESifo) |
Abstract: | This paper studies effects of the introduction of a new digital mass medium on reemployment of unemployed job seekers. We combine data on high-speed (broadband) internet availability at the local level with German individual register data. We address endogeneity by exploiting technological peculiarities that affected the roll-out of high-speed internet. The results show that highspeed internet improves reemployment rates after the first months in unemployment. This is confirmed by complementary analyses with individual survey data suggesting that internet access increases online job search and the number of job interviews after a fewmonths in unemployment. |
Keywords: | Unemployment; online job search; information frictions; matching technology; search channels |
JEL: | C26 H40 J64 K42 L96 |
Date: | 2018–11–30 |
URL: | http://d.repec.org/n?u=RePEc:hhs:ifauwp:2018_021&r=all |
By: | Marialuisa Divella (Department of Economics and Social Sciences, Universita' Politecnica delle Marche); Alessandro Sterlacchini (Department of Economics and Social Sciences, Universita' Politecnica delle Marche) |
Abstract: | This paper provides a micro-econometric analysis of the factors facilitating the introduction of responsible innovations by firms, with a focus on those aimed at improving occupational health and safety. These innovations have been rarely investigated with quantitative methods, especially if compared to those aimed at protecting the environment. Accordingly, we also assess whether firms pursuing health and safety innovations are also those ascribing high importance to the reduction of environmental impacts. The evidence provided by using firm-level data taken from the Italian Community Innovation Surveys highlights the key role played by some external sources of knowledge and internal human resource practices for the achievement of responsible innovations. Many similarities but also important differences between firms emerge, according to whether they are committed to health and safety or environmental innovation. |
Keywords: | responsible innovation, occupational health and safety; environment protection. |
JEL: | O31 Q55 |
Date: | 2019–01 |
URL: | http://d.repec.org/n?u=RePEc:anc:wpaper:435&r=all |
By: | Alp, Esra; Kök, Recep; Başkol, Murat Ozan |
Abstract: | Interindustry analysis that researches alterations in qualitative and quantitative structures of industrial activity is being used as an analytical tool in the matter of monitoring development performance of economy. The aim of this study is to calculate backward linkages by Leontief approach and forward linkages by Ghosh approach based on 2002 and 2012 input output tables and analyse evolution in key sectors. Linkage findings reflecting the 'feedback' and 'stimulant' power of industries are utilized as indicators for optimization in allocation of resources and taking investment decisions. Findings of the study reveal that "manufacture of chemicals, chemical products", "manufacture of fabricated metal products", "recycling" and "research and "development" industries have lost the property of being key industry in relevant period. However only "basic metals” became as a key industry thereby reducing its import dependency. By the results of this study, it is expected to contribute to policymakers in developing policy. |
Keywords: | Input-Output Model, Linkage Effects, Key Sector Analysis |
JEL: | C67 L00 L6 |
Date: | 2017–01–30 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:89952&r=all |
By: | Kenan Huremovic |
Abstract: | In this paper we study a model of weighted network formation. The bilateral interaction is modeled as a transfer Tullock contest game with the possibility of a draw. We describe stable networks under different concepts of stability. We show that a non-empty Nash stable is the complete network. The complete network is not immune to bilateral deviations. When we allow for limited farsightedness, stable networks immune to bilateral deviations must be complete $M$-partite networks, with partitions of different sizes. The empty network is the efficient network. We provide several novel comparative statics results illustrating the importance of the network structure in mediating the effects of shocks and interventions. In particular we show that an increase in the likelihood of a draw may lead to both higher and lower rent dissipation depending on the network structure. We also describe how small shocks propagate through a contest network. To the best of our knowledge, this paper is the first attempt to model weighted network formation when the bilateral interaction with local negative externalities such that the actions of individuals are neither complements nor substitutes. |
Date: | 2019–01 |
URL: | http://d.repec.org/n?u=RePEc:arx:papers:1901.07605&r=all |