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Essays in Economics of Innovation
Sidorkin, Oleg ; Gaule, Patrick (advisor) ; Fons-Rosen, Christian (referee) ; Lissoni, Francesco (referee)
This dissertation deals with topics related to innovation, management quality, political economy and corruption. In Chapter 1 (which is co-authored by Martin Srholec), we econometrically test the hypothesis that pre-crisis innovation affected firms' survival odds and performance thereafter using a unique micro dataset of shareholding companies from emerging countries in Eastern and Southern Europe derived from the World Bank's Enterprise Surveys. Overall, the results indicate that the innovation-survival connection holds. Nevertheless, firms identified as those that innovated excessively before the crisis turned out to be far more likely to die, whereas cautious innovators came out better off. Firms that stretched their resources too much, or that were too bold, faced dire consequences. If an appetite for risky innovation is sociably desirable and the crisis weeds out viable businesses, including those that may drive the recovery, there is a role for public policy to mitigate the short-lived selection inefficiencies that proliferate during severe recessions. In Chapter 2 we study the impact of management quality on the innovation input and output of firms in ten emerging countries using data from the Management, Organization and Innovation (MOI) Survey. We find the effects of management quality on...
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Do direct subsidies stimulate new R&D outputs in firms? A comparison of the IMPULS, TIP and ALFA programmes
Sidorkin, Oleg ; Srholec, Martin
This study compares output additionality effects of the IMPULS, TIP and ALFA programmes, which provided direct public support of R&D to business enterprises in the Czech Republic. Using a large and rich firm-level dataset we employ a non-parametric propensity score matching estimator to find out whether these subsidy programmes stimulated additional R&D output in terms of applications for formal intellectual property (IP) protection, such as patents of invention and utility models, which would not be produced, if the subsidy was not provided.
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Essays in Economics of Innovation
Sidorkin, Oleg ; Gaule, Patrick (advisor) ; Fons-Rosen, Christian (referee) ; Lissoni, Francesco (referee)
This dissertation deals with topics related to innovation, management quality, political economy and corruption. In Chapter 1 (which is co-authored by Martin Srholec), we econometrically test the hypothesis that pre-crisis innovation affected firms' survival odds and performance thereafter using a unique micro dataset of shareholding companies from emerging countries in Eastern and Southern Europe derived from the World Bank's Enterprise Surveys. Overall, the results indicate that the innovation-survival connection holds. Nevertheless, firms identified as those that innovated excessively before the crisis turned out to be far more likely to die, whereas cautious innovators came out better off. Firms that stretched their resources too much, or that were too bold, faced dire consequences. If an appetite for risky innovation is sociably desirable and the crisis weeds out viable businesses, including those that may drive the recovery, there is a role for public policy to mitigate the short-lived selection inefficiencies that proliferate during severe recessions. In Chapter 2 we study the impact of management quality on the innovation input and output of firms in ten emerging countries using data from the Management, Organization and Innovation (MOI) Survey. We find the effects of management quality on...
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