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When a good science base is not enough to create competitive industries: Lock-in and inertia in Russian systems of innovation

Narula, Rajneesh; Jormanainen, Irina - United Nations University-Maastricht Economic Research … - 2008

its innovation system and the interplay between the firm and the non-firm sector. We argue that, in any economy, when … generated a sub-optimal outcome. Market forces did not result in the western-style innovation system, but a hybrid one, with …-down" supply-driven allocation of resources and a reliance on external (but domestic) network of sources for innovation and capital …

Persistent link: https://www.econbiz.de/10010712287

Understanding multilevel interactions in economic development

Goedhuys, Micheline; Srholec, Martin - United Nations University-Maastricht Economic Research … - 2010

National framework conditions mediate the effect of technological capabilities of firms on their productivity. Although this has been recognized in the literature for a long time, a quantitative test that explicitly considers this hypothesis has been lacking. Using a World Bank datasets of about...

Persistent link: https://www.econbiz.de/10010856344

Corporate governance and corporate social performance: The influence of boards, ownership and institutions

Desender, Kurt A.; Epure, Mircea - Department of Economics and Business, Universitat … - 2013

We systematically analyze how variations in board independence and ownership concentration and type affect corporate social performance (CSP). Drawing from the agency and stakeholder perspectives, we argue that recognizing differences in the distribution of costs and benefits to shareholders and...

Persistent link: https://www.econbiz.de/10011186264

Economic development, growth, institutions and geography

Bhupatiraju, Samyukta; Verspagen, Bart - United Nations University-Maastricht Economic Research … - 2013

In this paper, we test the Rodrik et al (2004) framework to explain differences in development levels across countries by using a broader set of definitions for institutions, geography and economic variables. We use a multi-faceted database to measure institutions in an attempt to go beyond the...

Persistent link: https://www.econbiz.de/10010856330

Addressing the natural resource curse: An illustration from Nigeria

Sala-i-Martín, Xavier; Subramanian, Arvind - Department of Economics and Business, Universitat … - 2003

Some natural resources—oil and minerals in particular—exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian experience provides telling confirmation of this aspect of natural resources. Waste...

Persistent link: https://www.econbiz.de/10005772190

Using a 'Systems' Perspective to Explain the Limits of 'New' Multinational Enterprises: the role of 'members-only' location advantages

Narula, Rajneesh - United Nations University-Maastricht Economic Research … - 2013

I take as a starting point that the location-specific assets of the home country determine to a significant degree firm-specific assets of its firms and MNEs. This strong bond persists because of the interdependence between actors within a system, which has a growing cross-border aspect due to...

Persistent link: https://www.econbiz.de/10010712165