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This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...
Persistent link: https://www.econbiz.de/10005106885
This paper proposes three theoretical growth models incorporating social capital, based on varied expositions on the concept of social capital and the empirical evidence gathered to date. In these models, social capital impacts growth by assisting in the accumulation of human capital, by...
Persistent link: https://www.econbiz.de/10005578965
This paper examines the behavioural finance aspects of developed countries which invest significantly in R&D, while trying to benefit from this investment, within the framework of the so called ‘creative intelligence’. At this level, creative intellige
Persistent link: https://www.econbiz.de/10010784891
Die Entwicklung der Bevölkerung geriet in Deutschland infolge der gegenwärtigen Finanzkrise der öffentlichen Haushalte und der Systeme sozialer Sicherung in den Focus des öffentlichen Interesses. Die in den meisten hochentwickelten Ländern sich abzeichnende Alterung und Schrumpfung der...
Persistent link: https://www.econbiz.de/10009646659
We study a broad sample of firms across 32 countries and find that strong shareholder protections and better access to stock market financing lead to substantially higher long-run rates of R&D investment, particularly in small firms, but are unimportant for fixed capital investment. Credit...
Persistent link: https://www.econbiz.de/10011124341
production. Of these, innovation is found to be the most important. Since research and development activity has been historically …
Persistent link: https://www.econbiz.de/10005481843
detailed examination of the dynamics of innovation and determinants of productivity at the firm and industry level in Canadian …, product market competition, and government support for R&D, training, and technical assistance are the drivers of innovation …
Persistent link: https://www.econbiz.de/10005650236
for the Canada-U.S. productivity and income gaps; the importance of skills for innovation and productivity; the diffusion …
Persistent link: https://www.econbiz.de/10005650247
This paper investigates how different dimensions of social capital influence innovation output. The novelty of the … innovation. Unlike many previous studies, this one uses the structural equation modelling approach instead of regression analysis … in order to take into account the relationships between the factors of innovation. Regional-level data from Eurostat …
Persistent link: https://www.econbiz.de/10005635018
This paper examines the impact of R&D expenditures in business and private sector on economic growth in Central and Eastern European Countries over the period 1998-2008. Using a Generalised Method of Moments estimator, we find that business R&D has a high and stable contribution to economic...
Persistent link: https://www.econbiz.de/10010991243