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The aim of this paper is to analyze the effects of corruption and the shadow economy on innovation in the Spanish regions between 2000 and 2012. For this purpose, we use different proxies to approximate corruption and the shadow economy. We find evidence that corruption negatively influences...
Persistent link: https://www.econbiz.de/10012868937
Cluster policy is recognized as one of the pivotal elements of state-of-art innovation policy. State support for clusters helps to take into account regional peculiarities and engage the most innovative local actors into the process of innovation policy drafting and implementation. Cluster...
Persistent link: https://www.econbiz.de/10011575677
The Interference of liberal principles and the reintroduction of a market economy have changed the structure and the organization of the productive system of centrally planned and administered countries (NOVE, 1981; ANDREFF, 2007). The new forms of industrial organization, which are the source of...
Persistent link: https://www.econbiz.de/10011479443
With deregulation and globalization, and the direct impact of these developments on economies worldwide, it is necessary for authorities in the People’s Republic of China (PRC) to consider an approach that would further attune its economic engine toward sustained growth. This paper argues that...
Persistent link: https://www.econbiz.de/10003387699
This paper provides a unique contractual analysis of privatization from a state-owned company to a privately-owned company. Using a contractual approach, we analyze the advantages and disadvantages of private ownership versus state ownership under various circumstances. Our analyses focus on...
Persistent link: https://www.econbiz.de/10013156639
sources of finance. The scale of restructuring and innovation activity is as high or higher in transition economies as in …This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed … to firms, and how firms respond to the economic environment by restructuring; we are able to do this because the BEEPS …
Persistent link: https://www.econbiz.de/10013158364
We examine the effects of that government policy change and assess how it has impacted firm innovation. To address potential endogeneity concerns, we use the policy change as a quasi-natural experiment and explain the exogenously caused variations. We also use a “difference-in-differences”...
Persistent link: https://www.econbiz.de/10012902827
This research aims to communicate new results of empirical investigations to learn about the relationship between determination of controlling an acquired firm's capital, assets and brand versus its capability of innovation and ex post performance of the rising Vietnamese M&A industry in the...
Persistent link: https://www.econbiz.de/10012905427
relationship between industry-government-university in the ‘knowledge society'. As of the beginning of the transition process …
Persistent link: https://www.econbiz.de/10013002542
This paper proposes the new hypothesis that the loss of innovative efficiency is greater than the loss of productive efficiency in Chinese state-owned enterprises (SOEs). SOE reform in China has been able to achieve substantial improvements in SOE productive efficiency by using supervision and...
Persistent link: https://www.econbiz.de/10013011452