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Cited by 49Economic Growth and ProductivityFirm Innovation and GrowthInnovation Policy and R&D

Innovation, competition and productivity: Firm‐level evidence for Eastern Europe and Central Asia

Friesenbichler, Klaus, Peneder, Michael·2016·Economics of Transition
DOI 10.1111/ecot.12100
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Abstract

We investigate the drivers of firm‐level productivity in catching‐up economies by jointly estimating its relationship to innovation and competition using data from the EBRD‐WB Business Environment and Enterprise Performance Survey(BEEPS) in Eastern Europe and Central Asia. The findings confirm an inverted‐U shaped impact of competition on R&D. Both competition and innovation have a simultaneous positive effect on labour productivity in terms of either sales or value added per employee, as does a high share of university graduates and foreign ownership. Further positive impacts come from firm size, exports or population density. Innovation and foreign ownership appear to be the strongest drivers of multifactor productivity.

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  • Populism and nativism - in all their different manifestations in the USA, Europe, or emerging countries - are related inter alia to Rust Belts, industrial regions losing dominant firms, and districts losing their populations through emigration while averse to new migrants.

    “Populism and nativism -in all their different manifestations in the USA, Europe, or emerging countries -are related inter alia to Rust Belts, industrial regions losing dominant firms, and districts losing their populations through emigration while averse to new migrants.”

    From Rebirth of Industrial Policy and an Agenda for the Twenty-First Century (2020) · cites this paper as [20]

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Authors
Friesenbichler, K., & Peneder, M.
Affiliations
Austrian Institute of Economic Research (AT)
Corresponding author
  • Friesenbichler, Klaus
  • Peneder, Michael
ORCID
Venue
Economics of Transition
Publisher
Wiley
Published
2016-05-28
Volume
24
Issue
3
Pages
535-580
ISSN
  • 0967-0750 (ISSN-L)
  • 1468-0351
DOI
10.1111/ecot.12100
OpenAlex
W2411676796
Cited by
49
References
44
Citations by year
2026: 4 · 2025: 7 · 2024: 8 · 2023: 7 · 2022: 2 · 2021: 7 · 2020: 7 · 2019: 2 · 2018: 2 · 2017: 3
FWCI
4.54
Type
journal article
Language
en
Open access
closed
Licence
onlinelibrary.wiley.com/termsAndConditions#vor (vor)
Locations
  • Economics of Transition (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
Funders
Oesterreichische Nationalbank
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Firm Innovation and Growth
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Innovation Policy and R&D
Keywords
firm productivity, innovation, competition, catching-up economies, research and development, labor productivity, total factor productivity, foreign ownership, university graduates, firm size, exports, population density, Eastern Europe, Central Asia, BEEP

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