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The literature on national systems of innovation (NIS) has neglected the issue ofentrepreneurship because of several incompatibilities between the two notions.The Schumpeterian legacy, the current person-centric view of entrepreneurship,and methodological problems related to treating...
Persistent link: https://www.econbiz.de/10005868087
The paper examines the determinants of productivity growth in foreign manufacturingsubsidiaries in five Central and East European (CEE) countries by analysing patterns ofcontrol, nature of firms’ capabilities and firms’ market orientation. Building on the socalled ‘developmental...
Persistent link: https://www.econbiz.de/10005868093
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This paper focuses on knowledge-based entrepreneurship, or new firm creation in industries which are considered to be science-based or to use research and development intensively, in the East Central European (ECE) context. On the basis of case studies of thirteen knowledge-based firms in six...
Persistent link: https://www.econbiz.de/10009229804
This paper considers the behavior patterns of Russian firms before and during thefinancial crisis of 2008-2009. To facilitate comparison, we define three maingroups of actors at the firm level in the Russian economy – large, politicallyconnected companies; mid-size firms that expanded in the...
Persistent link: https://www.econbiz.de/10005868065
In this paper we explore the hypothesis of spatial effects in the distribution of ForeignDirect Investments (FDI) across Russian regions. We make use of a model, whichdescribes FDI inflows as resulting from an agglomeration effect (the level of FDI in agiven region depends positively on the...
Persistent link: https://www.econbiz.de/10005868068
We investigate the determinants of start-up financing in 41 countries, using theGlobal Entrepreneurship Monitor surveys for 1998-20032. High quality of property rightsincreases both the total volume of finance and the use of external finance for theindividual start-up. The size of the formal...
Persistent link: https://www.econbiz.de/10005868069
This paper aims at explaining the differences in valuation of banking firms in Russia through theimpact of selected elements of corporate governance. We rely upon value-based managementtheory to test the hypothesis that expenses on corporate governance system create shareholdervalue. The price...
Persistent link: https://www.econbiz.de/10005868074