Globalization and Innovation in Emerging Markets
Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data on firms in 27 transition economies, the authors test for the effects of globalization through th...
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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_20090105142547 http://hdl.handle.net/10986/4006 |
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okr-10986-40062021-04-23T14:02:14Z Globalization and Innovation in Emerging Markets Gorodnichenko, Yuriy Svejnar, Jan Terrell, Katherine ADVANCED ECONOMIES ALTERNATIVE STRATEGY BARRIERS TO ENTRY BEST BUSINESS PRACTICE BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS SERVICES CAPABILITIES CAPABILITY CAPACITY UTILIZATION COMMERCE COMPETITIVENESS COMPETITORS COMPLEXITY CONCEPTUAL FRAMEWORK CORPORATE OWNERSHIP CORPORATE PERFORMANCE COVARIANCE MATRIX CUSTOMS DEMOCRACY DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DIRECT CONNECTIONS DISCUSSION DOMESTIC MARKET ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC THEORY ECONOMICS OF INNOVATION EMERGING MARKET EMERGING MARKET ECONOMIES EMERGING MARKETS EMPLOYMENT ENTREPRENEURS EQUIPMENT EXCHANGE RATES EXPOSURE FINANCIAL MARKETS FIRM PERFORMANCE FIRMS FOREIGN COMPANIES FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN FIRM FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN MARKETS FOREIGN OWNERSHIP GEOGRAPHIC REACH GLOBAL ECONOMY GLOBALIZATION GROWTH RATES HUMAN CAPITAL IDEAS IMPERFECT INFORMATION INDUSTRY PRODUCTIVITY INNOVATION INNOVATIONS INSPECTIONS INTERNATIONAL BUSINESS INTERNATIONAL TRADE INTERNATIONALISATION INVENTION INVENTIONS KNOWLEDGE NECESSARY LABOR ECONOMICS LABOR FORCE LABOR PRODUCTIVITY LABOR REGULATIONS LEADING LEASING LICENSE LICENSES LICENSING MACROECONOMIC LEVEL MANAGEMENT SYSTEMS MANUFACTURING MANUFACTURING INDUSTRIES MARKET COMPETITION MARKET ECONOMIES MARKET SHARE MARKET STRUCTURE MARKET STRUCTURES MARKETING MATERIAL MNE MONOPOLY MULTINATIONAL MULTINATIONAL ENTERPRISES MULTINATIONALS NETWORKS NEW PRODUCT NEW PRODUCTS NEW TECHNOLOGIES NEW TECHNOLOGY OUTPUT POLITICAL ECONOMY PRODUCT INNOVATION PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS QUALITY MANAGEMENT R&D REAL ESTATE REGULATORY ENVIRONMENTS RENTS RESULT RESULTS SAFETY SEARCH SHAREHOLDER SKILLED LABOR SKILLED WORKERS SMALL FIRMS STANDARDIZATION STATE OWNED ENTERPRISE STOCK EXCHANGE SUPERVISION SUPPLIER SUPPLIERS SUPPLY CHAIN TECHNOLOGICAL CHANGE TECHNOLOGICAL INNOVATION TECHNOLOGY TRANSFER THINKING TIME PERIODS TRADE LIBERALIZATION TRANSITION COUNTRIES TURNOVER TURNOVER RATE USES VARIETY WORLD ECONOMY Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data on firms in 27 transition economies, the authors test for the effects of globalization through the impact of increased competition and foreign direct investment on domestic firms' efforts to innovate (raise their capability) by upgrading their technology, improving the quality of their product or service, or acquiring certification. They find that competition has a negative effect on innovation, especially for firms further from the efficiency frontier, and we do not find support for an inverted U effect of competition on innovation. The authors show that the supply chain of multinational enterprises and international trade are important channels for domestic firms' innovation. They detect no evidence that firms in a more pro-business environment are more likely to display a positive or inverted U relationship between competition and innovation, or that they are more sensitive to foreign presence. 2012-03-19T19:08:09Z 2012-03-19T19:08:09Z 2009-01-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090105142547 http://hdl.handle.net/10986/4006 English Policy Research working paper ; no. WPS 4808 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADVANCED ECONOMIES ALTERNATIVE STRATEGY BARRIERS TO ENTRY BEST BUSINESS PRACTICE BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS SERVICES CAPABILITIES CAPABILITY CAPACITY UTILIZATION COMMERCE COMPETITIVENESS COMPETITORS COMPLEXITY CONCEPTUAL FRAMEWORK CORPORATE OWNERSHIP CORPORATE PERFORMANCE COVARIANCE MATRIX CUSTOMS DEMOCRACY DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DIRECT CONNECTIONS DISCUSSION DOMESTIC MARKET ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC THEORY ECONOMICS OF INNOVATION EMERGING MARKET EMERGING MARKET ECONOMIES EMERGING MARKETS EMPLOYMENT ENTREPRENEURS EQUIPMENT EXCHANGE RATES EXPOSURE FINANCIAL MARKETS FIRM PERFORMANCE FIRMS FOREIGN COMPANIES FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN FIRM FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN MARKETS FOREIGN OWNERSHIP GEOGRAPHIC REACH GLOBAL ECONOMY GLOBALIZATION GROWTH RATES HUMAN CAPITAL IDEAS IMPERFECT INFORMATION INDUSTRY PRODUCTIVITY INNOVATION INNOVATIONS INSPECTIONS INTERNATIONAL BUSINESS INTERNATIONAL TRADE INTERNATIONALISATION INVENTION INVENTIONS KNOWLEDGE NECESSARY LABOR ECONOMICS LABOR FORCE LABOR PRODUCTIVITY LABOR REGULATIONS LEADING LEASING LICENSE LICENSES LICENSING MACROECONOMIC LEVEL MANAGEMENT SYSTEMS MANUFACTURING MANUFACTURING INDUSTRIES MARKET COMPETITION MARKET ECONOMIES MARKET SHARE MARKET STRUCTURE MARKET STRUCTURES MARKETING MATERIAL MNE MONOPOLY MULTINATIONAL MULTINATIONAL ENTERPRISES MULTINATIONALS NETWORKS NEW PRODUCT NEW PRODUCTS NEW TECHNOLOGIES NEW TECHNOLOGY OUTPUT POLITICAL ECONOMY PRODUCT INNOVATION PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS QUALITY MANAGEMENT R&D REAL ESTATE REGULATORY ENVIRONMENTS RENTS RESULT RESULTS SAFETY SEARCH SHAREHOLDER SKILLED LABOR SKILLED WORKERS SMALL FIRMS STANDARDIZATION STATE OWNED ENTERPRISE STOCK EXCHANGE SUPERVISION SUPPLIER SUPPLIERS SUPPLY CHAIN TECHNOLOGICAL CHANGE TECHNOLOGICAL INNOVATION TECHNOLOGY TRANSFER THINKING TIME PERIODS TRADE LIBERALIZATION TRANSITION COUNTRIES TURNOVER TURNOVER RATE USES VARIETY WORLD ECONOMY |
| spellingShingle |
ADVANCED ECONOMIES ALTERNATIVE STRATEGY BARRIERS TO ENTRY BEST BUSINESS PRACTICE BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS SERVICES CAPABILITIES CAPABILITY CAPACITY UTILIZATION COMMERCE COMPETITIVENESS COMPETITORS COMPLEXITY CONCEPTUAL FRAMEWORK CORPORATE OWNERSHIP CORPORATE PERFORMANCE COVARIANCE MATRIX CUSTOMS DEMOCRACY DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DIRECT CONNECTIONS DISCUSSION DOMESTIC MARKET ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC THEORY ECONOMICS OF INNOVATION EMERGING MARKET EMERGING MARKET ECONOMIES EMERGING MARKETS EMPLOYMENT ENTREPRENEURS EQUIPMENT EXCHANGE RATES EXPOSURE FINANCIAL MARKETS FIRM PERFORMANCE FIRMS FOREIGN COMPANIES FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN FIRM FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN MARKETS FOREIGN OWNERSHIP GEOGRAPHIC REACH GLOBAL ECONOMY GLOBALIZATION GROWTH RATES HUMAN CAPITAL IDEAS IMPERFECT INFORMATION INDUSTRY PRODUCTIVITY INNOVATION INNOVATIONS INSPECTIONS INTERNATIONAL BUSINESS INTERNATIONAL TRADE INTERNATIONALISATION INVENTION INVENTIONS KNOWLEDGE NECESSARY LABOR ECONOMICS LABOR FORCE LABOR PRODUCTIVITY LABOR REGULATIONS LEADING LEASING LICENSE LICENSES LICENSING MACROECONOMIC LEVEL MANAGEMENT SYSTEMS MANUFACTURING MANUFACTURING INDUSTRIES MARKET COMPETITION MARKET ECONOMIES MARKET SHARE MARKET STRUCTURE MARKET STRUCTURES MARKETING MATERIAL MNE MONOPOLY MULTINATIONAL MULTINATIONAL ENTERPRISES MULTINATIONALS NETWORKS NEW PRODUCT NEW PRODUCTS NEW TECHNOLOGIES NEW TECHNOLOGY OUTPUT POLITICAL ECONOMY PRODUCT INNOVATION PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS QUALITY MANAGEMENT R&D REAL ESTATE REGULATORY ENVIRONMENTS RENTS RESULT RESULTS SAFETY SEARCH SHAREHOLDER SKILLED LABOR SKILLED WORKERS SMALL FIRMS STANDARDIZATION STATE OWNED ENTERPRISE STOCK EXCHANGE SUPERVISION SUPPLIER SUPPLIERS SUPPLY CHAIN TECHNOLOGICAL CHANGE TECHNOLOGICAL INNOVATION TECHNOLOGY TRANSFER THINKING TIME PERIODS TRADE LIBERALIZATION TRANSITION COUNTRIES TURNOVER TURNOVER RATE USES VARIETY WORLD ECONOMY Gorodnichenko, Yuriy Svejnar, Jan Terrell, Katherine Globalization and Innovation in Emerging Markets |
| geographic_facet |
The World Region The World Region |
| relation |
Policy Research working paper ; no. WPS 4808 |
| description |
Globalization brings opportunities and
pressures for domestic firms in emerging markets to innovate
and improve their competitive position. Using data on firms
in 27 transition economies, the authors test for the effects
of globalization through the impact of increased competition
and foreign direct investment on domestic firms'
efforts to innovate (raise their capability) by upgrading
their technology, improving the quality of their product or
service, or acquiring certification. They find that
competition has a negative effect on innovation, especially
for firms further from the efficiency frontier, and we do
not find support for an inverted U effect of competition on
innovation. The authors show that the supply chain of
multinational enterprises and international trade are
important channels for domestic firms' innovation. They
detect no evidence that firms in a more pro-business
environment are more likely to display a positive or
inverted U relationship between competition and innovation,
or that they are more sensitive to foreign presence. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Gorodnichenko, Yuriy Svejnar, Jan Terrell, Katherine |
| author_facet |
Gorodnichenko, Yuriy Svejnar, Jan Terrell, Katherine |
| author_sort |
Gorodnichenko, Yuriy |
| title |
Globalization and Innovation in Emerging Markets |
| title_short |
Globalization and Innovation in Emerging Markets |
| title_full |
Globalization and Innovation in Emerging Markets |
| title_fullStr |
Globalization and Innovation in Emerging Markets |
| title_full_unstemmed |
Globalization and Innovation in Emerging Markets |
| title_sort |
globalization and innovation in emerging markets |
| 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_20090105142547 http://hdl.handle.net/10986/4006 |
| _version_ |
1764389451024302080 |