scholarly journals EU framework programmes: positive and negative effects on member states' innovation performance

Equilibrium ◽  
2021 ◽  
Vol 16 (3) ◽  
pp. 471-502
Author(s):  
Meda Andrijauskiene ◽  
Daiva Dumciuviene ◽  
Alina Stundziene
Keyword(s):  
Innovation Policy ◽  
Value Added ◽  
Negative Influence ◽  
Global Market ◽  
Innovation Performance ◽  
Member States ◽  
Patent Applications ◽  
The Government ◽  
Innovative Output

Research background: Seeking to ensure competitiveness in the global market, the EU is constantly improving its innovation policy. Compared to other EU initiatives, the Framework Programs for Research and Innovation (FPs) act as the main instrument with the longest history and the largest budget to boost member states' innovation performance. Despite the initial presumptions that these financial inflows should bring positive and constructive effects, the results significantly diverge across the countries with highly uneven and incoherent progress. Therefore, complex and reliable tools must be adopted to evaluate the long-term influence of EU investment and the reasons which distort the innovation performance in separate member states. Purpose of the article: The purpose of this article is to evaluate the influence of EU investment on its member states? innovation performance by using a redeveloped national innovative capacity framework and including technological, non-technological and commercial innovative output. Methods: Panel unit root tests were used to assess the time series stationarity. Autoregressive distributed lag models helped in calculating the long-term influence of EU investment on member states? innovation performance. Finally, by employing dummies, it was analysed how this influence varied over time and across different countries. Findings & value added: The findings provide evidence that EU investment exerts positive long-term influence on the technological innovative output proxied as total, business and higher education institutions? patent applications, as well as product and process innovations. The effects were also positive on trademarks and marketing, and organisational innovations. However, small but negative influence was found in the case of patent applications by the government sector and the exports of hi-tech products and knowledge-intensive services. These insights may serve in the designing process of the specific instruments and the future innovation policies, which would bring the maximum benefit for the society and economy.

Azerbaijan's stability will trump diversification

2015 ◽  
Keyword(s):  
Value Added ◽  
Negative Consequences ◽  
Content Type ◽  
Strategic Objective ◽  
Board Of Governors ◽  
Capital Spending ◽  
Oil And Natural Gas ◽  
The Government ◽  
Remittance Flows

Subject Economic diversification in Azerbaijan. Significance Speaking at the Asian Development Bank's annual board of governors meeting in Baku in early May, President Ilham Aliyev said low world oil prices had led the government to implement across-the-board cost-cutting measures to balance the budget. While Azerbaijan has always sought to reduce its dependence on the energy sector, both oil and natural gas exports will continue to be the backbone of economic growth, he declared. Diversifying the national economy away from hydrocarbons towards higher value-added industries and services remains the government's long-term key priority. However, it faces multiple structural challenges. Impacts Azerbaijan's exposure to the neighbouring Russian market will be below average. However, it will continue to be affected by its economic crisis, particularly in terms of migrant remittance flows. The government's capital spending cuts will have direct negative consequences for the downstream sector, regarded as a strategic objective.

PRODUCTION EFFICIENCY AND EXPORT OPPORTUNITIES OF THE GRAIN SUBCOMPLEX OF AIC

2020 ◽  
Vol 5 (86) ◽  
pp. 154-159
Author(s):  
O.V. Sidorenko ◽  
◽  
◽  
Keyword(s):  
Strategic Planning ◽  
Russian Federation ◽  
Production Efficiency ◽  
Value Added ◽  
Agricultural Products ◽  
Industrial Complex ◽  
The Russian Federation ◽  
The Government ◽  
Leguminous Crops

Currently, the government of the Russian Federation has adopted a number of strategic planning documents containing measures aimed at the development of the grain-product subcomplex of the agro-industrial complex. In particular, the long term strategy for the Development of the grain complex of the Russian Federation until 2035 was approved. It is a strategic planning document in the grain sector that defines priorities, goals and objectives of public administration and food security, ways of their effective achievement and comprehensive solution. The target indicators of the long term strategy for the development of the grain complex of the Russian Federation until 2035 are: gross yield of grain and leguminous crops - 140 million tons, crop areas – 50 million hectares, domestic consumption – 86.2 million tons, grain export volume, including products of its processing – 55.9 million tons, capacity for simultaneous storage of grain and leguminous crops – 167.4 million tons. The federal project "Export of agricultural products" is being implemented within the framework of the national project "International cooperation and export", one of its goals s to achieve the volume of grain export (in value terms) in the amount of 11.4 billion US dollars by the end of 2024 by creating new commodity mass (including with higher value added), creation of export-oriented commodity distribution infrastructure, elimination of trade barriers (tariff and non-tariff) to ensure access of agricultural products to target markets and creation of a system for promoting and positioning agricultural products. The target indicators stated in the official documents necessitate the search for reserves to increase the efficiency of the grain subcomplex development, increase export of grain and its processing products.

scholarly journals THE FLAWS OF THE SYSTEM OF ACCOUNTING FOR THE VALUE-ADDED TAX LIABILITIES AND RECEIVABLES, AND RECOMMENDATIONS FOR OVERCOMING THEM

2018 ◽  
Vol 28 (5) ◽  
pp. 1613-1618
Author(s):  
Nada Petrusheva ◽  
Darko Iliov
Keyword(s):  
European Union ◽  
Value Added ◽  
The European Union ◽  
Consumption Tax ◽  
Value Added Tax ◽  
Member States ◽  
The Difference ◽  
The Republic ◽  
The Government ◽  
Reduced Rate

Value-added tax (VAT) is a consumption tax, meaning that it is a tax on the purchase of a product or a service. It is a form of taxation that focuses on how much an individual consumes opposed to how much that individual contributes to the economy (income tax).Value-added tax is paid by residents of any country in the European Union. Both consumers and businesses are liable to pay VAT when purchasing products or services. When a manufacturer creates a product, it is liable to pay value-added tax on the components purchased in order to create goods. When the product is sold, the tax burden is transferred onto the buyer, who pays the whole VAT amount, from which the manufacturer pays the government the difference between the whole VAT amount and the VAT amount that has already been paid when the components were purchased. Value-added taxation rates are set by the member states individually. The minimum rate of VAT as directed by the European Union is 15%. There is no maximum limit on value-added taxation. Member states are also at liberty to choose certain products and services to be subject to a reduced rate of VAT or to be exempt altogether. The system of accounting for the VAT liabilities and receivables in the Republic of Macedonia has certain issues which are presented in this paper. This paper also presents recommendations that are aimed towards overcoming these issues.

scholarly journals ASSESSMENT OF VALUE ADDED TAX REDUCTION POSSIBILITIES FOR SELECTED FOOD GROUPS IN LATVIA

2018 ◽  
Author(s):  
Aleksejs NIPERS ◽  
Irina PILVERE
Keyword(s):  
Central Government ◽  
Value Added ◽  
Tax Revenue ◽  
The European Union ◽  
Food Groups ◽  
Member States ◽  
Eu Member States ◽  
Fresh Vegetables ◽  
Negative Effect ◽  
The Government

Value-added taxes (VAT) are applied in the European Union (EU) Member States in accordance with Directive 2006/112/EC to limit distortions in competition in the common European market. Latvia is one of the five EU Member States where reduced VAT rates are not applied to food products, and the food is taxed at the standard rate of 21%. For this reason, food producer organisations discuss the introduction of a reduced VAT rate for selected fruits, berries, vegetables as well as potato grown in Latvia. The overall aim of the present research is to assess the effect of reduction of the VAT rate from 21 to 5% for selected food groups: fresh fruits, berries, vegetables and potato produced in Latvia. The research estimated a decrease in the price for the mentioned food groups, identified a potential increase in consumption and forecasted the effect of the VAT rate reduction on the amount of tax revenue collected by the central government. The research found that the reduction of the VAT rate from 21 to 5 % would result in a price decrease ranging from 1.9 to 3.5% for fruits, berries, vegetables and potato, the consumption of fresh fruits and berries would increase, on average, in the range of 1.2–2.3%, while the consumption of fresh vegetables would increase, on average, in the range of 1.2–2.1%, yet in a short-term the tax revenue paid to the government would decrease in the range of EUR 3.9–5.7 million. Nevertheless, in a medium-term, a significant positive effect on the producers of fruits, berries, vegetables and potato that operate legally in the agricultural industry could be expected, as the negative effect of the shadow economy decreases.

scholarly journals Sales range and innovative activity in the manufacturing system of Poland

Equilibrium ◽  
2018 ◽  
Vol 13 (4) ◽  
pp. 725-740 ◽  
Author(s):  
Arkadiusz Świadek
Keyword(s):  
Manufacturing System ◽  
Innovation Policy ◽  
Value Added ◽  
International Market ◽  
Developed Countries ◽  
Innovative Activity ◽  
Spatial Distance ◽  
Innovation Activity ◽  
Main Hypothesis ◽  
The Government

Research background: In the literature, there is a discussion on the importance of the spatial distance from the user in the context innovation activity. However, most of this kind of studies concentrate on exporting enterprises and compare them to domestic ones. Exporting activity is very important for catching-up countries, because of technology transfer in its background. Purpose of the article: The aim of this paper is to determine whether the innovative activity in Poland’s manufacturing system is a consequence of close interactions (local and regional), or perhaps conditioned by the imperative of functioning on the national and international market. The main hypothesis was that on the current development level of Poland, the relationship between the range of sales and innovation activities are different from those in the more developed countries. Methods: Empirical studies was created in 2006–2012 as a result of the systematic collection of questionnaires filled by manufacturing enterprises in Poland from all regions (5209 correct fulfilled questionnaires). Methodical analysis was based on the theory of probability — probit modeling, because dependent variables were binary (0 or 1). Findings & Value added: Local and regional space is not stimulating innovation activity in opposite to national one. High intensity observed only when the company has been working on the international market. It means that the industry maturity level in Poland is good enough for creating a domestic innovation environment. This kind of an aggregation level should be stimulated by the government innovation policy.

scholarly journals Formulating a Long Term Strategy for Sustainable Palm Oil Biodiesel Development in Indonesia

2016 ◽  
Vol 9 (4) ◽  
pp. 124 ◽  
Author(s):  
Beny A. Purwanto ◽  
Erliza Hambali ◽  
Yandra Arkeman ◽  
Hendri Wijaya
Keyword(s):  
Palm Oil ◽  
Swot Analysis ◽  
Technology Development ◽  
Driving Forces ◽  
Value Added ◽  
Raw Material ◽  
High Price ◽  
The Government ◽  
Palm Oil Biodiesel

<p class="abstract-1"><strong></strong>Indonesia, the largest producer of palm oil, has been developed palm oil biodiesel as renewable energy in the last decade. Indonesia biodiesel development policies aim to increase domestic value added of palm oil product and reduce the reliance on fossil fuel. Indonesia has embarked on a comprehensive palm oil biodiesel program since 2006 and targeted the 20% biodiesel blend (B20) in 2016. This article explores the strategy formulation by accommodate the stakeholder perspective in the problems and the solutions. This research analyzes the information from in depth interview with biodiesel stakeholders (government, industry and researcher) in Indonesia by combine Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis with a Multi Actor Analysis approach. The results show the problems of biodiesel development are mainly on the high production cost due to high price of raw material, production technology and distribution infrastructure. The government policy, technology development and raw material supply are the driving forces of the biodiesel development in Indonesia. In the long term strategy, government of Indonesia should secure the biodiesel raw material, develop an environmental friendly technology in biodiesel processing, and accommodate any improvement idea from other stakeholders.</p>

scholarly journals The Analysis of Factors Affecting Foreign Investment in Indonesia

2016 ◽  
Vol 3 (1) ◽  
pp. 059
Author(s):  
Nur Cahyaningsih
Keyword(s):  
Foreign Direct Investment ◽  
Significant Influence ◽  
Direct Investment ◽  
Time Series Data ◽  
Negative Influence ◽  
Series Data ◽  
Factors Affecting ◽  
Foreign Companies ◽  
The Government

Foreign Direct Investment (FDI) has important role in Indonesian economic development and becomes the engine of growth for the economy. For all this reason, the government starts doing promotions attracting foreign investors to invest in Indonesia by issuing a number of policies. In fact, some foreign companies have left from Indonesia. This research aims at determining the effect of GDP, inflation, and infrastructure toward Foreign Direct Investment in Indonesia from 1981 until 2014. It uses time series data and Error Correction Model (ECM) as the method. Based on analysis findings, all variables used by stationary in first difference, dependent and independent variables in the equation of co-integrating regression has long-term relationship. In the short term, GDP and Infrastructure do not have a significant influence, while inflation has a negative influence and significant in α 5% toward Foreign Direct Investment. In the long term, GDP and Infrastructure have a positive effect and significant at α 5%, while inflation does not have a significant influence to Foreign Direct Investment in Indonesia.

Predicting the progress trends of science and technology in Iran through a system dynamics approach

2016 ◽  
Vol 11 (1) ◽  
pp. 116-133
Author(s):  
Reza Dabestani ◽  
Nasim Nahavandi ◽  
Mohammad Saljoughian
Keyword(s):  
Research And Development ◽  
System Dynamics ◽  
Technology Development ◽  
Science And Technology ◽  
Value Added ◽  
Related Factors ◽  
Content Type ◽  
Development Expenditure ◽  
Patent Applications ◽  
The Government

Purpose – The purpose of this study is an attempt to identify the most crucial factors and their influence on one another, which can result in predicting the country’s next phase of progress based on these factors’ variation patterns. Design/methodology/approach – The authors proposed a model based on the existing literature and then ran a system dynamics analysis on the data obtained from the World Bank official Web site. The factors including “Research and development expenditure (% of GDP)”, “Scientific and technical journal articles”, “Patent applications”, “Trademark applications”, “Industry value added”, “Researchers in R & D (per million people)” and “High technology export” were considered as the related factors with science and technology. Findings – The findings can also reveal what aspects require more attention and investment if the government demands to facilitate and accelerate the development process. The results show that the most intense increase refers to the number of patent applications and trademark applications, and the lowest increase is related to research and development expenditure and researchers in R & D. Practical implications – The authors hope that tracking the changes of those factors leads practitioners and scholars to have a better understanding of the trends of science and technology development in a country, which in turn leads them to foresee the country’s upcoming opportunities as well as challenges. Originality/value – Proposing a system dynamic model for predicting science and technology trend in a country is relatively novel.

scholarly journals Empirical Measure of Wealth Effects in Household Consumption: The Case of Congo

2018 ◽  
Vol 5 (5) ◽  
pp. 33
Author(s):  
Idrys Fransmel OKOMBI
Keyword(s):  
Value Added ◽  
Household Consumption ◽  
Wealth Effects ◽  
Empirical Measure ◽  
Marginal Propensity To Consume ◽  
Marginal Propensity ◽  
Short And Long Term ◽  
The Government ◽  
The Impact

The purpose of this article is to determine the impact of wealth in household consumption, by focusing on wealth under monetary form. In this way, the correction error model ARDL type is used. The outcome estimations show a significant existence of wealth effect on a period 1991.Q1-2016.Q1. In this way, the marginal propensity to consume wealth equals 0,476 to a short term. However, this marginal propensity to consume wealth, though being significant and positive is down to the marginal propensities to consume income available in the long term that are up to 0,695 and 0,777 as regard the short and long term. Nevertheless, to improve the households’ consumption level, the Congolese government can boost the monetary wealth by decreasing prices. More specifically, the government needs to lower value added tax (VAT).

scholarly journals Sri Lanka’s Tea Economy: Issues and Strategies

2019 ◽  
Vol 13 (1) ◽  
pp. 1
Author(s):  
Mohamed Ismail Mujahid Hilal
Keyword(s):  
Sri Lanka ◽  
Price Competition ◽  
Value Added ◽  
International Market ◽  
Economic Benefits ◽  
Global Market ◽  
Primary Data ◽  
Sri Lankan ◽  
Tea Industry ◽  
The Government

While the competitiveness of the Sri Lanka&rsquo;s tea is declining in the global market, it is very important for Sri Lankan tea to evidently identify the reasons for declining competitiveness and how Sri Lanka can face this challenge fulfilling the demand of global market. The Sri Lankan tea industry has lost its market leadership position in the global market. With declining production, increasing cost of production, low farm productivity and price competition in the international market, Sri Lankan tea industry has lost its competitive advantage. Secondary data and primary data have been used for this study. 53 interviews have been conducted for this study in Sri Lanka and in India. Despite the fact that Sri Lanka is one of the major producers of tea, the local tea industry does not earn enough to be viable. Global consumers are paying more than ten times the price received by the Sri Lankan producers. The value addition is taking place in the consuming countries and the economic benefits of higher price for value added tea products go to the consuming countries. In this context the viability of the Sri Lankan tea industry makes it imperative to adopt production of value-added tea products, promoting local brands in the global market and marketing the products in the international market. The government should also provide further supports to this tea industry to be uplifted in the country.

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