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The "big-bang" liberalization of the inefficient Russian economy in 1992 provides a fruitful setting for analyzing the impact of several dimensions of market competition and other factors on enterprise efficiency. We analyze 1992-1998 panel data on 14,961 enterprises covering 75 percent of...
Persistent link: https://www.econbiz.de/10014160741
Theoretical and empirical work on innovation and firm survival has produced varied and often conflicting findings. In … this paper, we draw on Schumpeterian models of competition and innovation and stochastic models of firm dynamics to … demonstrate that the conflicting findings may be due to linear specifications of the innovation-survival relationship. We …
Persistent link: https://www.econbiz.de/10011283244
concentration upon innovation, focusing on robust findings, questions of interpretation, and the identification of major gaps. We … also consider the more modest literature that considers the effect on innovation of firm characteristics other than size …
Persistent link: https://www.econbiz.de/10014025172
innovation and firm performance. Based on the industrial economics literature and the optimisation model, R&D competition, R … innovation compared with R&D competition. However, profit-maximising firms do not prefer the R&D competition strategy. They … with respect to the firm's investment in R&D. The social cost of R&D cartelisation is a loss of product innovation, and the …
Persistent link: https://www.econbiz.de/10012061499
Using a game theoretical model on firms' simultaneous investments in product and process innovation, we deduct and … and in independently competing firms. We use Community Innovation Survey data on Italian manufacturing firms. Theoretical …
Persistent link: https://www.econbiz.de/10014061768
that influence innovation by firms and their subsequent growth. Using a dataset from a survey of nearly 4,000 firms in 24 … transition countries, we find evidence of the importance of a minimum of rivalry in both innovation and growth: the presence of … market power in product markets are utilised to undertake innovation …
Persistent link: https://www.econbiz.de/10014072168
A persistent theme in the academic literature on technological innovation is that incumbent enterprises have great … difficulty crossing the abyss created by a radical technological innovation. It is argued that incumbents go into decline, while … performance in markets shaken by a radical technological innovation …
Persistent link: https://www.econbiz.de/10014028917
This paper examines the determinants of innovation and the role of innovation in productivity growth, shifts in market … share and survival in the Canadian manufacturing sector. The paper presents a model that examines the effect of innovation … plant performance both before and after the introduction of an innovation. We find strong evidence that labour productivity …
Persistent link: https://www.econbiz.de/10014208748
This paper studies the impact of process and product innovations introduced by firms on employment growth in these firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to innovative and unchanged products is developed and estimated...
Persistent link: https://www.econbiz.de/10014210647
Persistent link: https://www.econbiz.de/10003412870