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Firms, especially Chinese manufacturing firms, invest significant resources in innovation activities to sustain their … position in the intensifying competitive environment. However, innovation efficiency has led to growing concerns due to the … rapid increase in R&D expenditures. The purpose of this study is to explore the complicated role of competition on …
Persistent link: https://www.econbiz.de/10014294979
Although market concentration is one of the main impediments to productivity growth globally, data constraints have … the effects of local industry concentration on productivity. The main results show that a decline by 10 points in the … factor productivity of revenue. Local industry concentration also has heterogeneous effects on productivity across industries …
Persistent link: https://www.econbiz.de/10012202018
foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human …
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We provide the first test of the Hoff and Stiglitz (2004) model predicting whether and under what conditions mass privatizations are accompanied by asset stripping. In addition to directly testing the theory, we also tackle an important policy-oriented issue of why a large number of efficient...
Persistent link: https://www.econbiz.de/10010226663
Has the rapid ownership transformation in Russia had an impact on enterprise performance or on worker behavior and attitudes? This paper investigates this issue using data from a nationwide survey of 1,176 Russian workers conducted in April 1995. We focus on the two primary types of ownership...
Persistent link: https://www.econbiz.de/10014072597
While it is well documented that privatization leads to an improvement in the performance of state-owned enterprises (SOEs) following divestiture, it is argued that many of these studies do not consider the performance of control firms of similar pre-privatization situations, i.e. the...
Persistent link: https://www.econbiz.de/10014117134
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