market competition. In markets with effective competition, horizontal multiple directorships turn out to be an efficient … firms have no significant influence on financial performance, irrespective of the level of competition intensity …

incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal … investors), demand trends, customers' profile, nature and intensity of competition in relevant markets. An empirical base for … vertically organized sectors that define innovation activeness in the economy (for example, mechanical engineering), the …

well as stimuli and obstacles for innovation activities. In particular, the paper shows that lack of competition is the key …In recent years the Russian innovation policy has made a significant progress that manifests in developing its ‘tool … kit', increasing resource base, etc. However it has not yet succeeded in improving business innovation activities that …

, we focus on dynamic efficiency - specifically, the production of technological innovation - of SOEs in manufacturing … ownership and market competition in industrial sectors. …

This paper employs the Panzar and Rosse (1987) and the Bresnahan models to determine the level of competition in the … South African banking sector. This level of competition was tested during the period 1998 to 2008 for the Panzar and Rosse … approach and from 1992 to 2008 for the Bresnahan model. We �find evidence of monopolistic competition in the South African …

The article discusses recent advances and future challenges in innovation studies. First, it separately considers four … main strands of research, studying innovation at the organisational, systemic, sectoral and macroeconomic levels. Then … technological and institutional change; the role of demand; and the impacts of innovation on individual and collective welfare …

incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal … investors), demand trends, customers‘ profile, nature and intensity of competition in relevant markets. An empirical base for … vertically organized sectors that define innovation activeness in the economy (for example, mechanical engineering), the …

This paper studies the empirical relation between market competition and innovation using Luxembourg's Structural … on the idea of cost-efficiency. From this, the paper analyses the relation between competition and innovation performance … relation between competition and innovation is non-linear and depends crucially on the efficient use of inputs to production …

welfare. As such, the main incentives to boost electronic payments as instruments of innovation, transparency and cost …