Competition and Innovation-Driven Inclusive Growth
The paper investigates the strength of innovation-driven employment growth, the role of competition in stimulating and facilitating it, and whether it is inclusive. In a sample of more than 26,000 manufacturing establishments across 71 countries (b...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111021133253 http://hdl.handle.net/10986/3618 |
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okr-10986-3618 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO INFORMATION ACCOUNTS PAYABLE AGE GROUP AGGREGATE EMPLOYMENT BORROWING BUSINESS ACTIVITIES BUSINESS ASSOCIATION BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS INDICATORS BUSINESS INFORMATION BUSINESS INFRASTRUCTURE BUSINESS INPUTS BUSINESS REGULATIONS BUSINESS SERVICES BUSINESSES CASH FLOW CHAMBER OF COMMERCE COBB-DOUGLAS PRODUCTION FUNCTION COMMERCIAL BANKS COMMUNICATION TECHNOLOGIES COMPANY COMPETITION POLICY COMPETITIVE ADVANTAGE COMPETITIVE MARKET COMPETITIVE MARKETS COMPETITOR COMPETITORS COMPUTERS CONCEPTUAL FRAMEWORK CORPORATIONS CROSS-SECTIONAL DATA DATA NETWORKS DEBT DISPLACEMENT DISPLACEMENT EFFECTS DISTRIBUTION CHANNELS ECONOMETRIC ESTIMATES ECONOMIC GROWTH ECONOMIC THEORY ECONOMICS EMPIRICAL EVIDENCE EMPIRICAL RESEARCH EMPLOYEE EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT GROWTH RATE EMPLOYMENT GROWTH RATES EMPLOYMENT OPPORTUNITIES EMPLOYMENT REDUCTION EMPLOYMENT SHARE ENTERPRISE RESOURCE PLANNING ENTERPRISE SIZE ENTERPRISE SURVEY ENTERPRISE SURVEYS ENTREPRENEURIAL ACTIVITY ENTREPRENEURS ENTREPRENEURSHIP ENTRY BARRIER ENTRY BARRIERS ENVIRONMENTS EQUIPMENT ERP EXPANSION EXPANSIONS EXPORT MARKETS EXPORT OPPORTUNITIES FINANCIAL CONSTRAINTS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INVESTMENT FINANCIAL SERVICES FIRM LEVEL FIRM PRODUCTIVITY FIRM SURVIVAL FIRM-SPECIFIC KNOWLEDGE FIRMS FOREIGN CURRENCY FOREIGN OWNERSHIP FOREIGN PARTNER GLOBAL ECONOMY GLOBALIZATION GOVERNMENT REGULATIONS INCOME INCOME INEQUALITIES INFORMATION TECHNOLOGIES INNOVATION INNOVATION POLICIES INNOVATION POLICY INNOVATIONS INPUT FACTORS INTANGIBLE ASSETS INTELLECTUAL PROPERTY INTERNATIONAL COMPETITIVENESS INTERNATIONAL TRADE INVENTORY JOB CREATION JOB TRAINING JOINT VENTURE JOINT VENTURES LABOR COSTS LABOR DEMAND LABOR PRODUCTIVITY LEGAL SYSTEM LICENSES LICENSING LISTED COMPANY LIVING STANDARDS LOCAL BUSINESS LOW-WAGE EMPLOYMENT MANUFACTURING MANUFACTURING ESTABLISHMENTS MARGINAL COST MARGINAL COSTS MARKET ACCESS MARKET COMPETITION MARKET DEMAND MARKET OPPORTUNITIES MARKET OPPORTUNITY MARKET POWER MARKETING MATERIAL MULTINATIONALS NEGATIVE EXTERNALITIES NEW TECHNOLOGIES NEW TECHNOLOGY OPEN ACCESS ORGANIZATIONAL CAPITAL OUTPUTS PAYING JOBS PERMANENT WORKERS PHYSICAL INFRASTRUCTURE POLICY SUPPORT PRESENT EVIDENCE PREVIOUS WORK PRICE ELASTICITIES PRIVATE SECTOR PROCESS INNOVATION PROCESS INNOVATIONS PROCUREMENT PRODUCT INNOVATION PRODUCT INNOVATIONS PRODUCT MARKET PRODUCT MARKET COMPETITION PRODUCTION COSTS PRODUCTION TECHNOLOGY PRODUCTION WORKERS PRODUCTIVITY GAINS PROPERTY RIGHTS QUALITY STANDARDS R&D REGULATORY REQUIREMENTS RESULT RESULTS SKILLED EMPLOYEES SKILLED WORKERS SMALL FIRMS SUPPLIERS TARGETS TECHNOLOGICAL ADVANCE TECHNOLOGICAL PROGRESS TECHNOLOGY DEVELOPMENT TOTAL EMPLOYMENT TOTAL FACTOR PRODUCTIVITY TOTAL WAGES TRAINING PROGRAM TRAINING PROGRAMS UNEMPLOYED UNEMPLOYED PERSONS UNEMPLOYMENT UNINTENDED CONSEQUENCES UNSKILLED JOBS UNSKILLED LABOR UNSKILLED WORKERS USES WAGE INEQUALITY WAGE LEVELS WAGE RATE WAGE RATES WAGES WEB WORK FORCE WORKER |
| spellingShingle |
ACCESS TO INFORMATION ACCOUNTS PAYABLE AGE GROUP AGGREGATE EMPLOYMENT BORROWING BUSINESS ACTIVITIES BUSINESS ASSOCIATION BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS INDICATORS BUSINESS INFORMATION BUSINESS INFRASTRUCTURE BUSINESS INPUTS BUSINESS REGULATIONS BUSINESS SERVICES BUSINESSES CASH FLOW CHAMBER OF COMMERCE COBB-DOUGLAS PRODUCTION FUNCTION COMMERCIAL BANKS COMMUNICATION TECHNOLOGIES COMPANY COMPETITION POLICY COMPETITIVE ADVANTAGE COMPETITIVE MARKET COMPETITIVE MARKETS COMPETITOR COMPETITORS COMPUTERS CONCEPTUAL FRAMEWORK CORPORATIONS CROSS-SECTIONAL DATA DATA NETWORKS DEBT DISPLACEMENT DISPLACEMENT EFFECTS DISTRIBUTION CHANNELS ECONOMETRIC ESTIMATES ECONOMIC GROWTH ECONOMIC THEORY ECONOMICS EMPIRICAL EVIDENCE EMPIRICAL RESEARCH EMPLOYEE EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT GROWTH RATE EMPLOYMENT GROWTH RATES EMPLOYMENT OPPORTUNITIES EMPLOYMENT REDUCTION EMPLOYMENT SHARE ENTERPRISE RESOURCE PLANNING ENTERPRISE SIZE ENTERPRISE SURVEY ENTERPRISE SURVEYS ENTREPRENEURIAL ACTIVITY ENTREPRENEURS ENTREPRENEURSHIP ENTRY BARRIER ENTRY BARRIERS ENVIRONMENTS EQUIPMENT ERP EXPANSION EXPANSIONS EXPORT MARKETS EXPORT OPPORTUNITIES FINANCIAL CONSTRAINTS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INVESTMENT FINANCIAL SERVICES FIRM LEVEL FIRM PRODUCTIVITY FIRM SURVIVAL FIRM-SPECIFIC KNOWLEDGE FIRMS FOREIGN CURRENCY FOREIGN OWNERSHIP FOREIGN PARTNER GLOBAL ECONOMY GLOBALIZATION GOVERNMENT REGULATIONS INCOME INCOME INEQUALITIES INFORMATION TECHNOLOGIES INNOVATION INNOVATION POLICIES INNOVATION POLICY INNOVATIONS INPUT FACTORS INTANGIBLE ASSETS INTELLECTUAL PROPERTY INTERNATIONAL COMPETITIVENESS INTERNATIONAL TRADE INVENTORY JOB CREATION JOB TRAINING JOINT VENTURE JOINT VENTURES LABOR COSTS LABOR DEMAND LABOR PRODUCTIVITY LEGAL SYSTEM LICENSES LICENSING LISTED COMPANY LIVING STANDARDS LOCAL BUSINESS LOW-WAGE EMPLOYMENT MANUFACTURING MANUFACTURING ESTABLISHMENTS MARGINAL COST MARGINAL COSTS MARKET ACCESS MARKET COMPETITION MARKET DEMAND MARKET OPPORTUNITIES MARKET OPPORTUNITY MARKET POWER MARKETING MATERIAL MULTINATIONALS NEGATIVE EXTERNALITIES NEW TECHNOLOGIES NEW TECHNOLOGY OPEN ACCESS ORGANIZATIONAL CAPITAL OUTPUTS PAYING JOBS PERMANENT WORKERS PHYSICAL INFRASTRUCTURE POLICY SUPPORT PRESENT EVIDENCE PREVIOUS WORK PRICE ELASTICITIES PRIVATE SECTOR PROCESS INNOVATION PROCESS INNOVATIONS PROCUREMENT PRODUCT INNOVATION PRODUCT INNOVATIONS PRODUCT MARKET PRODUCT MARKET COMPETITION PRODUCTION COSTS PRODUCTION TECHNOLOGY PRODUCTION WORKERS PRODUCTIVITY GAINS PROPERTY RIGHTS QUALITY STANDARDS R&D REGULATORY REQUIREMENTS RESULT RESULTS SKILLED EMPLOYEES SKILLED WORKERS SMALL FIRMS SUPPLIERS TARGETS TECHNOLOGICAL ADVANCE TECHNOLOGICAL PROGRESS TECHNOLOGY DEVELOPMENT TOTAL EMPLOYMENT TOTAL FACTOR PRODUCTIVITY TOTAL WAGES TRAINING PROGRAM TRAINING PROGRAMS UNEMPLOYED UNEMPLOYED PERSONS UNEMPLOYMENT UNINTENDED CONSEQUENCES UNSKILLED JOBS UNSKILLED LABOR UNSKILLED WORKERS USES WAGE INEQUALITY WAGE LEVELS WAGE RATE WAGE RATES WAGES WEB WORK FORCE WORKER Dutz, Mark A. Kessides, Ioannis O'Connell, Stephen Willig, Robert D. Competition and Innovation-Driven Inclusive Growth |
| geographic_facet |
The World Region |
| relation |
Policy Research working paper ; no. WPS 5852 |
| description |
The paper investigates the strength of
innovation-driven employment growth, the role of competition
in stimulating and facilitating it, and whether it is
inclusive. In a sample of more than 26,000 manufacturing
establishments across 71 countries (both OECD and
developing), the authors find that firms that innovate in
products or processes, or that have attained higher total
factor productivity, exhibit higher employment growth than
non-innovative firms. The strength of firms'
innovation-driven employment growth is significantly
positively associated with the share of the firms'
workforce that is unskilled, debunking the conventional
wisdom that innovation-driven growth is not inclusive in
that it is focused on jobs characterized by higher levels of
qualification. They also find that young firms have higher
propensities for product or process innovation in countries
with better Doing Business ranks (both overall and ranks for
constituent components focused on credit availability and
property registration). Firms generally innovate more and
show greater employment growth if they are exposed to more
information (through internet use and membership in business
organizations) and are exporters. The empirical results
support the policy propositions that innovation is a
powerful driver of employment growth, that innovation-driven
growth is inclusive in its creation of unskilled jobs, and
that the underlying innovations are fostered by a
pro-competitive business environment providing ready access
to information, financing, export opportunities, and other
essential business services that facilitate the entry and
expansion of young firms. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Dutz, Mark A. Kessides, Ioannis O'Connell, Stephen Willig, Robert D. |
| author_facet |
Dutz, Mark A. Kessides, Ioannis O'Connell, Stephen Willig, Robert D. |
| author_sort |
Dutz, Mark A. |
| title |
Competition and Innovation-Driven Inclusive Growth |
| title_short |
Competition and Innovation-Driven Inclusive Growth |
| title_full |
Competition and Innovation-Driven Inclusive Growth |
| title_fullStr |
Competition and Innovation-Driven Inclusive Growth |
| title_full_unstemmed |
Competition and Innovation-Driven Inclusive Growth |
| title_sort |
competition and innovation-driven inclusive growth |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111021133253 http://hdl.handle.net/10986/3618 |
| _version_ |
1764387467410014208 |
| spelling |
okr-10986-36182021-04-23T14:02:11Z Competition and Innovation-Driven Inclusive Growth Dutz, Mark A. Kessides, Ioannis O'Connell, Stephen Willig, Robert D. ACCESS TO INFORMATION ACCOUNTS PAYABLE AGE GROUP AGGREGATE EMPLOYMENT BORROWING BUSINESS ACTIVITIES BUSINESS ASSOCIATION BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS INDICATORS BUSINESS INFORMATION BUSINESS INFRASTRUCTURE BUSINESS INPUTS BUSINESS REGULATIONS BUSINESS SERVICES BUSINESSES CASH FLOW CHAMBER OF COMMERCE COBB-DOUGLAS PRODUCTION FUNCTION COMMERCIAL BANKS COMMUNICATION TECHNOLOGIES COMPANY COMPETITION POLICY COMPETITIVE ADVANTAGE COMPETITIVE MARKET COMPETITIVE MARKETS COMPETITOR COMPETITORS COMPUTERS CONCEPTUAL FRAMEWORK CORPORATIONS CROSS-SECTIONAL DATA DATA NETWORKS DEBT DISPLACEMENT DISPLACEMENT EFFECTS DISTRIBUTION CHANNELS E-MAIL ECONOMETRIC ESTIMATES ECONOMIC GROWTH ECONOMIC THEORY ECONOMICS EMPIRICAL EVIDENCE EMPIRICAL RESEARCH EMPLOYEE EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT GROWTH RATE EMPLOYMENT GROWTH RATES EMPLOYMENT OPPORTUNITIES EMPLOYMENT REDUCTION EMPLOYMENT SHARE ENTERPRISE RESOURCE PLANNING ENTERPRISE SIZE ENTERPRISE SURVEY ENTERPRISE SURVEYS ENTREPRENEURIAL ACTIVITY ENTREPRENEURS ENTREPRENEURSHIP ENTRY BARRIER ENTRY BARRIERS ENVIRONMENTS EQUIPMENT ERP EXPANSION EXPANSIONS EXPORT MARKETS EXPORT OPPORTUNITIES FINANCIAL CONSTRAINTS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INVESTMENT FINANCIAL SERVICES FIRM LEVEL FIRM PRODUCTIVITY FIRM SURVIVAL FIRM-SPECIFIC KNOWLEDGE FIRMS FOREIGN CURRENCY FOREIGN OWNERSHIP FOREIGN PARTNER GLOBAL ECONOMY GLOBALIZATION GOVERNMENT REGULATIONS INCOME INCOME INEQUALITIES INFORMATION TECHNOLOGIES INNOVATION INNOVATION POLICIES INNOVATION POLICY INNOVATIONS INPUT FACTORS INTANGIBLE ASSETS INTELLECTUAL PROPERTY INTERNATIONAL COMPETITIVENESS INTERNATIONAL TRADE INVENTORY JOB CREATION JOB TRAINING JOINT VENTURE JOINT VENTURES LABOR COSTS LABOR DEMAND LABOR PRODUCTIVITY LEGAL SYSTEM LICENSES LICENSING LISTED COMPANY LIVING STANDARDS LOCAL BUSINESS LOW-WAGE EMPLOYMENT MANUFACTURING MANUFACTURING ESTABLISHMENTS MARGINAL COST MARGINAL COSTS MARKET ACCESS MARKET COMPETITION MARKET DEMAND MARKET OPPORTUNITIES MARKET OPPORTUNITY MARKET POWER MARKETING MATERIAL MULTINATIONALS NEGATIVE EXTERNALITIES NEW TECHNOLOGIES NEW TECHNOLOGY OPEN ACCESS ORGANIZATIONAL CAPITAL OUTPUTS PAYING JOBS PERMANENT WORKERS PHYSICAL INFRASTRUCTURE POLICY SUPPORT PRESENT EVIDENCE PREVIOUS WORK PRICE ELASTICITIES PRIVATE SECTOR PROCESS INNOVATION PROCESS INNOVATIONS PROCUREMENT PRODUCT INNOVATION PRODUCT INNOVATIONS PRODUCT MARKET PRODUCT MARKET COMPETITION PRODUCTION COSTS PRODUCTION TECHNOLOGY PRODUCTION WORKERS PRODUCTIVITY GAINS PROPERTY RIGHTS QUALITY STANDARDS R&D REGULATORY REQUIREMENTS RESULT RESULTS SKILLED EMPLOYEES SKILLED WORKERS SMALL FIRMS SUPPLIERS TARGETS TECHNOLOGICAL ADVANCE TECHNOLOGICAL PROGRESS TECHNOLOGY DEVELOPMENT TOTAL EMPLOYMENT TOTAL FACTOR PRODUCTIVITY TOTAL WAGES TRAINING PROGRAM TRAINING PROGRAMS UNEMPLOYED UNEMPLOYED PERSONS UNEMPLOYMENT UNINTENDED CONSEQUENCES UNSKILLED JOBS UNSKILLED LABOR UNSKILLED WORKERS USES WAGE INEQUALITY WAGE LEVELS WAGE RATE WAGE RATES WAGES WEB WORK FORCE WORKER The paper investigates the strength of innovation-driven employment growth, the role of competition in stimulating and facilitating it, and whether it is inclusive. In a sample of more than 26,000 manufacturing establishments across 71 countries (both OECD and developing), the authors find that firms that innovate in products or processes, or that have attained higher total factor productivity, exhibit higher employment growth than non-innovative firms. The strength of firms' innovation-driven employment growth is significantly positively associated with the share of the firms' workforce that is unskilled, debunking the conventional wisdom that innovation-driven growth is not inclusive in that it is focused on jobs characterized by higher levels of qualification. They also find that young firms have higher propensities for product or process innovation in countries with better Doing Business ranks (both overall and ranks for constituent components focused on credit availability and property registration). Firms generally innovate more and show greater employment growth if they are exposed to more information (through internet use and membership in business organizations) and are exporters. The empirical results support the policy propositions that innovation is a powerful driver of employment growth, that innovation-driven growth is inclusive in its creation of unskilled jobs, and that the underlying innovations are fostered by a pro-competitive business environment providing ready access to information, financing, export opportunities, and other essential business services that facilitate the entry and expansion of young firms. 2012-03-19T18:05:39Z 2012-03-19T18:05:39Z 2011-10-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111021133253 http://hdl.handle.net/10986/3618 English Policy Research working paper ; no. WPS 5852 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region |