Showing 1 - 10 of 423
The first aim of this paper is to decompose the productivity advantage of foreign multinationals into two components … two components of productivity growth. We do so by analyzing the effects of an acquisition of a domestic establishment by … rate of technology transfer from the MNE parent companies, (iii) the productivity growth effects are not confined to the …
Persistent link: https://www.econbiz.de/10005123535
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent alternative models of implementing development policies,...
Persistent link: https://www.econbiz.de/10005792168
The 1980s have seen the beginnings of a change of heart among developing country policymakers, as the import-substitution consensus of the previous decade has all but evaporated. It is paradoxical that the 1980s should have become the decade of trade liberalization in LDCs, since this has also...
Persistent link: https://www.econbiz.de/10005281315
Only a few years ago the conventional wisdom predicted that globalization would render the demise of the region as a meaningful unit of economic analysis. Yet the obsession of policy-makers around the globe to 'create the next Silicon Valley' reveals the increased importance of geographic...
Persistent link: https://www.econbiz.de/10005661735
effect of the composition of economic activity on innovation. We test whether the specialization of economic activity within … together complementary activities, better promotes innovation. The evidence provides considerable support for the diversity …
Persistent link: https://www.econbiz.de/10005662217
This paper examines the interdependence between innovation and imports of intermediates, and their joint impact on … productivity. We do so by developing a quantitative model with heterogeneous firms and international trade where firms can invest … cover the fixed costs of sourcing foreign inputs, which in turn also has a benign impact on measured productivity. Using …
Persistent link: https://www.econbiz.de/10011084440
The literature on within-firm organizational change and productivity suggests that firms can make more efficient use of … technologies and that joint adoption leads to higher productivity. Without having introduced complementary organizational … innovations, the adoption of CO2 reducing technologies is associated with lower productivity. …
Persistent link: https://www.econbiz.de/10011084545
Do firms have the right incentives to innovate in the presence of productivity spillovers? This paper proposes an … imitate by hiring a worker from a firm that has already innovated. We show that if innovation firms can commit to long …-term wage contracts with their workers, productivity spillovers are fully internalized. If firms cannot commit to long-term wage …
Persistent link: https://www.econbiz.de/10011171780
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10005661518
We explore the relationship between innovation activity, productivity, and exports using a panel of Spanish … innovation seems to explain the positive association between exports and productivity for this group of firms. For small non … manufacturing firms for 1990-1998. Our results - based on non-parametric tests - suggest that firm innovation status is important in …
Persistent link: https://www.econbiz.de/10005792473