scholarly journals KNOWLEDGE CAPITAL AND PRODUCTIVITY IN SPANISH INDUSTRY

2020 ◽  
pp. 46-64
Author(s):  
César Rodríguez-Gutiérrez ◽  
◽  
Juan Francisco Canal-Domínguez

This research is aimed at measuring the effects of firms’ knowledge capital stock changes in production, using the information provided by a panel of Spanish industrial firms. In order to assess the size of these effects depending upon the type of industry, we split the sample into two broad branches of business activity: Low and Medium-low (LML), and High and Medium-high (HMH) technological firms. Estimate outcomes show that the elasticity of output with respect to knowledge capital is always positive and significant. Moreover, the highest productivity gains derived from innovation are observed in High and Medium-high technological firms.

2019 ◽  
Vol 34 (98) ◽  
pp. 267-313 ◽  
Author(s):  
Konstantīns Beņkovskis ◽  
Oļegs Tkačevs ◽  
Naomitsu Yashiro

Summary This paper investigates the effects of EU regional support on firm productivity, the number of employees and other performance indicators. We use a rich firm-level dataset for Latvia – the country, where investment activities are largely affected by the availability of EU funding. After controlling for the fact that more productive and larger firms are more likely to acquire EU finds, we find that participation in projects co-financed by the European Regional Development Fund (ERDF) increases firms’ employment, turnover and capital stock per employee immediately, while it raises their productivity only two years after the launch of the projects. ERDF beneficiaries that are initially less productive, larger, less capital intensive and more financially leveraged enjoy larger productivity gains.


2021 ◽  
Vol 34 (69) ◽  
pp. 25-45
Author(s):  
Ronivaldo Steingraber ◽  
Flávio De Oliveira Goncalves

This article examines empirically the university-industry collaboration (UIC) importance in innovative firms on Brazilian industry. This relation is considered an important tool for economic growth in innovation-led firms. It was used a hierarchical regression model for 25.667 innovative industrial firms in the year 2005, the innovation involves product, process, or organizational change. The Total Factor Productivity was introduced as independent variable, because it can be used in all firms as performance measure, and it was average centralized. The TFP is explained by firm’s internal capabilities, and in industry by the UIC importance. The found results are upward average (positive sign), and downward average (negative sign). The sectorial impact of UIC in the TFP is positive, but near zero. The internal capabilities present exchanged signs between the firm and the industry, only innovative labor have both signs positive. The random effects identify nine industries with upward productivity gains, 8,26 % of total Brazilian industry, and these industries are traditional, low-tech intensity, only the automotive industry is medium-technology. Twenty industries have downward productivity gains, 18,35 % of total Brazilian industry, and between them are high-technology industries, as diverse capital tools, and electronics.      


2018 ◽  
Vol 4 (1) ◽  
pp. 32-38
Author(s):  
Bhimo Rizky Samudro ◽  
Yogi Pasca Pratama

This paper will describe the function of water resources to support business activities in Surakarta regency, Central Java province. Surakarta is a business city in Central Java province with small business enterprises and specific culture. This city has a famous river with the name is Bengawan Solo. Bengawan Solo is a River Flow Regional (RFR) to support business activities in Surakarta regency. Concious with the function, societies and local government in Surakarta must to manage the sustainability of River Flow Regional (RFR) Bengawan Solo. It is important to manage the sustainability of business activity in Surakarta regency.   According to the condition in Surakarta regency, this paper will explain how the simulation of Low Impact Development Model in Surakarta regency. Low Impact Development is a model that can manage and evaluate sustainability of water resources in River Flow Regional (RFR). Low Impact Development can analys goals, structures, and process water resources management. The system can also evaluate results and impacts of water resources management. From this study, we hope that Low Impact Development can manage water resources in River Flow Regional (RFR) Bengawan Solo.  


2005 ◽  
pp. 4-20
Author(s):  
E. Yasin

Currency inflow in Russia from raw materials exports allows taking into account high business activity to assimilate growing money supply transforming it into economic growth. Fall in business activity as a result of pressure on business led to saturation of demand for money. This considerably increases the danger of inflation growth and requires sterilization of excess money supply including the usage of the Stabilization Fund. According to the author's estimates, corresponding losses in GDP growth will equal 1-2 percentage points per year.


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