Globalization and Innovation in Emerging Markets

Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine

dc.creator	Gorodnichenko, Yuriy
dc.creator	Svejnar, Jan
dc.creator	Terrell, Katherine
dc.date	2012-03-19T19:08:09Z
dc.date	2012-03-19T19:08:09Z
dc.date	2009-01-01
dc.date.accessioned	2023-02-17T21:07:31Z
dc.date.available	2023-02-17T21:07:31Z
dc.identifier	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
dc.identifier	http://hdl.handle.net/10986/4006
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244976
dc.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.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 4808
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ADVANCED ECONOMIES
dc.subject	ALTERNATIVE STRATEGY
dc.subject	BARRIERS TO ENTRY
dc.subject	BEST BUSINESS PRACTICE
dc.subject	BUSINESS ASSOCIATIONS
dc.subject	BUSINESS ENVIRONMENT
dc.subject	BUSINESS ENVIRONMENTS
dc.subject	BUSINESS SERVICES
dc.subject	CAPABILITIES
dc.subject	CAPABILITY
dc.subject	CAPACITY UTILIZATION
dc.subject	COMMERCE
dc.subject	COMPETITIVENESS
dc.subject	COMPETITORS
dc.subject	COMPLEXITY
dc.subject	CONCEPTUAL FRAMEWORK
dc.subject	CORPORATE OWNERSHIP
dc.subject	CORPORATE PERFORMANCE
dc.subject	COVARIANCE MATRIX
dc.subject	CUSTOMS
dc.subject	DEMOCRACY
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPMENT ECONOMICS
dc.subject	DIRECT CONNECTIONS
dc.subject	DISCUSSION
dc.subject	DOMESTIC MARKET
dc.subject	ECONOMIC ACTIVITY
dc.subject	ECONOMIC ANALYSIS
dc.subject	ECONOMIC THEORY
dc.subject	ECONOMICS OF INNOVATION
dc.subject	EMERGING MARKET
dc.subject	EMERGING MARKET ECONOMIES
dc.subject	EMERGING MARKETS
dc.subject	EMPLOYMENT
dc.subject	ENTREPRENEURS
dc.subject	EQUIPMENT
dc.subject	EXCHANGE RATES
dc.subject	EXPOSURE
dc.subject	FINANCIAL MARKETS
dc.subject	FIRM PERFORMANCE
dc.subject	FIRMS
dc.subject	FOREIGN COMPANIES
dc.subject	FOREIGN COMPETITION
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN FIRM
dc.subject	FOREIGN FIRMS
dc.subject	FOREIGN INVESTMENT
dc.subject	FOREIGN MARKETS
dc.subject	FOREIGN OWNERSHIP
dc.subject	GEOGRAPHIC REACH
dc.subject	GLOBAL ECONOMY
dc.subject	GLOBALIZATION
dc.subject	GROWTH RATES
dc.subject	HUMAN CAPITAL
dc.subject	IDEAS
dc.subject	IMPERFECT INFORMATION
dc.subject	INDUSTRY PRODUCTIVITY
dc.subject	INNOVATION
dc.subject	INNOVATIONS
dc.subject	INSPECTIONS
dc.subject	INTERNATIONAL BUSINESS
dc.subject	INTERNATIONAL TRADE
dc.subject	INTERNATIONALISATION
dc.subject	INVENTION
dc.subject	INVENTIONS
dc.subject	KNOWLEDGE NECESSARY
dc.subject	LABOR ECONOMICS
dc.subject	LABOR FORCE
dc.subject	LABOR PRODUCTIVITY
dc.subject	LABOR REGULATIONS
dc.subject	LEADING
dc.subject	LEASING
dc.subject	LICENSE
dc.subject	LICENSES
dc.subject	LICENSING
dc.subject	MACROECONOMIC LEVEL
dc.subject	MANAGEMENT SYSTEMS
dc.subject	MANUFACTURING
dc.subject	MANUFACTURING INDUSTRIES
dc.subject	MARKET COMPETITION
dc.subject	MARKET ECONOMIES
dc.subject	MARKET SHARE
dc.subject	MARKET STRUCTURE
dc.subject	MARKET STRUCTURES
dc.subject	MARKETING
dc.subject	MATERIAL
dc.subject	MNE
dc.subject	MONOPOLY
dc.subject	MULTINATIONAL
dc.subject	MULTINATIONAL ENTERPRISES
dc.subject	MULTINATIONALS
dc.subject	NETWORKS
dc.subject	NEW PRODUCT
dc.subject	NEW PRODUCTS
dc.subject	NEW TECHNOLOGIES
dc.subject	NEW TECHNOLOGY
dc.subject	OUTPUT
dc.subject	POLITICAL ECONOMY
dc.subject	PRODUCT INNOVATION
dc.subject	PRODUCTIVITY
dc.subject	PRODUCTIVITY GROWTH
dc.subject	PROPERTY RIGHTS
dc.subject	QUALITY MANAGEMENT
dc.subject	R&D
dc.subject	REAL ESTATE
dc.subject	REGULATORY ENVIRONMENTS
dc.subject	RENTS
dc.subject	RESULT
dc.subject	RESULTS
dc.subject	SAFETY
dc.subject	SEARCH
dc.subject	SHAREHOLDER
dc.subject	SKILLED LABOR
dc.subject	SKILLED WORKERS
dc.subject	SMALL FIRMS
dc.subject	STANDARDIZATION
dc.subject	STATE OWNED ENTERPRISE
dc.subject	STOCK EXCHANGE
dc.subject	SUPERVISION
dc.subject	SUPPLIER
dc.subject	SUPPLIERS
dc.subject	SUPPLY CHAIN
dc.subject	TECHNOLOGICAL CHANGE
dc.subject	TECHNOLOGICAL INNOVATION
dc.subject	TECHNOLOGY TRANSFER
dc.subject	THINKING
dc.subject	TIME PERIODS
dc.subject	TRADE LIBERALIZATION
dc.subject	TRANSITION COUNTRIES
dc.subject	TURNOVER
dc.subject	TURNOVER RATE
dc.subject	USES
dc.subject	VARIETY
dc.subject	WORLD ECONOMY
dc.title	Globalization and Innovation in Emerging Markets
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	The World Region
dc.coverage	The World Region