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The Competitiveness of Nations : Why Some Countries Prosper While Others Fall Behind

Why do some countries perform much better than other countries? This paper outlines a synthetic framework, based on Schumpeterian logic, for analyzing this question. Four different aspects of competitiveness are identified: technology, capacity, demand, and price. The contribution of the paper is particularly to highlight the three first aspects, which often tend to be ignored due to measurement p

High-tech exports from developing countries : A symptom of technology spurts or statistical illusion?

Specialization in high-tech products is frequently used to capture technological intensity of exports. A number of developing countries are among the most deeply specialized countries in exports of these products. The paper shows that the bulk of high-tech exports can actually be attributed to the effect of international fragmentation of production in electronics on trade statistics. It is confirm

Euro adoption in the new EU member countries : Speed limits on a one-way road

This paper discusses the strategy of the Czech economic policy as regards the current enlargement process of the European Economic and Monetary Union (EMU). The authors discuss the validity of the Maastricht criteria for the new European Union (EU) member countries, as well as the risks and puzzles of both real and nominal convergence processes. The paper shows that current fiscal policy is the ma

Exploring car manufacturers' responses to technology-forcing regulation : The case of California's ZEV mandate

The ability of firms to influence environmental regulation has largely been overlooked in transition studies. We study how car manufacturers combine and change their innovation and political influence strategies in response to a technology-forcing regulation. We apply a conceptual framework on corporate responses to public innovation policy to the case of the zero emission vehicle mandate over the

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The paper focuses on selective investment incentives, which are aimed primarily to attract foreign direct investment, in the context of the new EU Member States, namely the Czech Republic, Hungary, Poland and Slovakia. We discuss the issue within three closely related dimensions. We point to a potential conflict of interests between host country governments and multinational companies in promoting

Structural changes in international trade : Cause, impact and response

The possibility that structural changes in international trade might impact countries differently has been a matter of great concern for many observers from the 1950s onwards, and the view that the specialisation pattern of a country in international trade matters for its economic performance has been widespread. This paper analyses the structural changes in international trade from the 1960s omwa

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Paper focuses on foreign direct investment (FDI) in manufacturing in the Czech Republic, Hungary, Poland and Slovakia (CECs), where FDI penetration jumped to remarkable high levels in recent years. Foreign investment enterprises are more profitable, export oriented and technologically superior compared to domestic companies. FDI is perceived as a main channel of technology transfer and potential s

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The paper presents alternative analytical approaches to evaluation of structural changes in selected transition economies (Czech Republic, Poland, Hungary, Slovakia, Slovenia). The analysis starts from the comparison of intensity of structural changes, as an introductory (quantitative) concept measuring structural adjustment capacity. Besides the intensity of structural changes, the need for devel

Estimating alternative technology sets in nonparametric efficiency analysis : restriction tests for panel and clustered data

Nonparametric efficiency analysis has become a widely applied technique to support industrial benchmarking as well as a variety of incentive-based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the correct specifications of inputs and outputs. Simar and Wilson (Commun Stat Simul Comput 30(1):159–184, 2001) and Schubert and Simar (J Prod Anal 36(1):5

Evolving coastal character of a Baltic Sea inlet during the Holocene shoreline regression : impact on coastal zone hypoxia

Although bottom water hypoxia (O2 −1) is presently widespread in the Baltic Sea coastal zone, there is a lack of insight into past changes in bottom water oxygen in these areas on timescales of millennia, and the possible driving factors. Here, we present a sediment-based environmental reconstruction of surface water productivity, salinity and bottom water oxygen for the past 5400 years at Gåsfjär

Explaining variance in national electric vehicle policies

Transition studies' understanding of differences in public policy is limited due to its tendency to focus on single-country cases. This paper assesses differences in plug-in electric vehicle (PEV) policies, comprising RD&D subsidies, infrastructure investments and sales incentives, across 13 countries over the period 2008-2014. I explore three conditions that may influence these policy expendi

The Impact of Horizon 2020 on Innovation in Europe

The EU’s stagnation on many innovation indicators led to a number of efforts to spur a turnaround. One of most visible projects has been the Horizon 2020 strategy, which devotes unprecedented levels of funding to the promotion of R&D and innovation. But does this strategy address the right issues to promote innovation? Is Horizon 2020 right to ignore geographical considerations when allocating

Managing portfolio risk in strategic technology management : evidence from a panel data-set of the world's largest R&D performers

In this article, we analyze the impact of firms’ technology bases on their financial performance. By taking a strategic perspective of technology, we argue that it is not sufficient to analyze only the size or novelty/quality of the technology base as technology bases can best be understood as portfolios of individual technologies. In such a framework, risk consideration should be taken into accou

Infringement of intellectual property in innovation partnerships

Using data from the German Community Innovation Survey (CIS) from 2008, we analyze whether innovation partnering increases the risk of experiencing infringement of intellectual property (IP). The results show that depending on types of IP innovation, partnerships increase the risk of infringement by up to 37% compared with the average risk in the sample. The results suggest that this massive incre

Old is gold? The effects of employee age on innovation and the moderating effects of employment turnover

There is consistent evidence in the literature that an average employee's age is negatively related to firm-level innovativeness. This observation has been explained by older employees working with outdated technological knowledge and being characterized by reduced cognitive flexibility. We argue that firms can mitigate this effect through employee turnover. In particular, turnover of R&D work

Innovation and export activities in the German mechanical engineering sector : An application of testing restrictions in production analysis

Since Solow (Q J Econ 70:65-94, 1956) the economic literature has widely accepted innovation and technological progress as the central drivers of long-term economic growth. From the microeconomic perspective, this has led to the idea that the growth effects on the macroeconomic level should be reflected in greater competitiveness of the firms. Although innovation effort does not always translate i

Tests and confidence intervals for a class of scientometric, technological and economic specialization ratios

In economic, scientometric and innovation research, often so-called specialization indices are used. These indices measure comparative strengths or weaknesses as well as specialization profiles of the observation units with respect to certain criteria, such as patenting and publication or trade activities. They allow question like: is Germany specialized in the export of motor vehicles? Or is the

Marketing and organisational innovations in entrepreneurial innovation processes and their relation to market structure and firm characteristics

This paper analyses the influence of marketing and organisational changes on the innovation process. Using data from the German community innovation survey 2007, two topics are investigated: First, we analyse whether firm and market characteristics trigger certain innovation strategies. Second, this paper investigates whether marketing and organisational innovations (MO innovations) are complement