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    Structural stability of the research & development sector in European economies despite the economic crisis
    When an external shock such as the economic crisis in 2008/2009 occurs, the interconnectedness of sectors can be affected. This paper investigates whether the R&D sector experienced changes in its sectoral integration through the recession. Based on an input output analysis, it can be shown that the linkages of the R&D sector with other sectors remain stable. In some countries, the inter-sectoral integration become even stronger. Policy makers can be encouraged to use public R&D spending as a means of fiscal policy against an economic crisis.
    Wissenschaftlicher Artikel
      308  298
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    The impact of innovation and innovation subsidies on economic development in German regions
    Public innovation subsidies in a regional environment are expected to unfold a positive economic impact over time. The focus of this paper is an assessment of the long-run impact of innovation and innovation subsidies in German regions. We scrutinize this by an estimation approach combining panel model and time series characteristics and using regional data for the years 1980 to 2014. The results show that innovation and innovation subsidies in the long run have a positive impact on the economic development of regions in Germany. This supports a long-term strategy for regional and innovation policy.
    Wissenschaftlicher Artikel
    Band:
      271  579
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    Innovation cooperation in East and West Germany: A study on regional and technological impact
    In this paper we investigate the impact of regional and technological innovation systems on innovation cooperation. We develop an indicator applicable to regions, which demonstrates the relative regional impact on innovation cooperation. Applying this method to German patent data, we find that regional differences in the degree of innovation cooperation do not only depend on the technology structure of a region but also on specific regional effects. High-tech oriented regions, whether east or west, are not automatically highly cooperative regions. East German regions have experienced a dynamic development of innovation cooperation since re-unification in 1990. Their cooperation intensity remains higher than in West German regions.
    Wissenschaftlicher Artikel
    Band:
    Heft:
      311  457
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    The economic impact of international uncertainties : Sanctioning effects, foreign direct Investment and firm behaviour in Russia
    This thesis contributes to following fields of studies: international economics, political economy, international business and industrial organization literature, as well as institutional and innovation economics. In the introductory chapter we provide the necessary foundation for placing the empirical evidence that is presented in Chapters 2 - 4 in a broader economic context. By doing this, the first chapter gives an overview of the main milestones in Russian economic history and outlines Russia's integration into the global economy. Hereby we concentrate on Foreign Direct Investment (FDI) and trade as they are the most relevant components of Russia's globalization process, a process that is currently being reversed as a result of geopolitical tensions. Chapters 2 - 4 form the empirical part of this dissertation. In Chapter 2, we quantify the economic cost for the sanction sender, the EU-27, in the aftermath of the geopolitical crisis, triggered by Russia's involvement in the Ukrainian conflict. We find that direct costs are mainly born by the countries closely connected with Russia in terms of trade, whereas indirect costs are mainly induced by the tight embeddedness in the European trade network. In the empirical part that follows, we turn to the question of whether political risks affect the behaviour of multinational companies (MNCs) in Russia. The research shows that political risks not only affect FDI exits in the host economy, but that their impact is intensified through sanctioning policies. In our final empirical analysis, we take a different perspective that is still highly relevant for an emerging economy stuck in the geopolitical crisis while simultaneously requiring reforms that would guarantee sustainable long-term growth. This growth becomes possible by boosting productivity and building institutions that foster investment in human and physical capital, as well as innovation, in both the high and low-tech manufacturing sectors. Thus, in the empirical study on the innovation-performance link, we scrutinize the factors that might contribute to an improved efficiency of the Russian manufacturing sector.
    Dissertation
      536  385