scholarly journals Innovation diffusion as a catalyst for industrial company’s economic growth

Author(s):  
Elena Efimova ◽  
Natalia Kuznetsova ◽  
Julius Ramanauskas

The goal of the paper concerns essential issue of economic growth diffusion and innovation diffusion in the context of its spatial dissemination forming framework of the electro technical industry of Russia and the Netherlands main actors micro-level growth comparison. Comparison of two companies economic growth and innovation diffusion proves that Russian high-tech LOMO4 having inormous innnovation portfolio but lack of financial capital could proceed only organic growth and hierarchical innovation diffusion compared to financial and innovational world giant Philips which shows growth scenario of organic and inorganic growth assimilation that implies hierarchical innovation diffusion priority and higher competitiveness than LOMO.

2015 ◽  
pp. 5-24 ◽  
Author(s):  
B. Zamaraev ◽  
T. Marshova

The article examines the state of production capacity of Russian industry. It is shown that in spite of certain positive shifts, the rate of technological modernization in recent years has been insufficient for marked progressive changes in the capacity structure and quality. In contrast to the industrial growth after the crisis of 1998 that took place in the presence of significant reserves of capacity, the current level of idle capacity is much lower. The lack of mass input of modern and high-tech industries objectively limits the possibilities of import substitution and economic growth.


2017 ◽  
Vol 20 (2) ◽  
pp. 35-52 ◽  
Author(s):  
Sumanjeet Singh ◽  
Minakshi Paliwal

The MSME sector occupies a position of strategic significance in the Indian economic structure. This sector contributes nearly eight per cent to country’s GDP, employing over 80 million people in nearly 36 million widely-dispersed enterprises across the country; accounting for 45 per cent of manufactured output, 40 per cent of the country’s total export, and producing more than 8000 valueadded products ranging from traditional to high-tech. Furthermore, these enterprises are the nurseries for innovation and entrepreneurship, which will be key to the future growth of India. It is also an acknowledged fact that this sector can help realise the target of the proposed National Manufacturing Policy to enhance the share of manufacturing in GDP to 25 per cent and to create 100 million jobs by the end of 2022, as well as to foster growth and take India from its present two trillion dollar economy to a 20 trillion dollar economy. Despite the sector’s high enthusiasm and inherent capabilities to grow, its growth story still faces a number of challenges. In this light, the present paper examines the role of Indian MSMEs in India’s economic growth and explores various problems faced by the sector. The paper also attempts to discuss various policy measures undertaken by the Government to strengthen Indian MSMEs. Finally, the paper proposes strategies aimed at strengthening the sector to enable it to unleash its growth potential and help make India a 20 trillion dollar economy.


Author(s):  
Muhammad Usman

The goal of this study is to explore the impact of high tech exports on economic growth of Pakistan. To examine this relationship, data are collected from World Bank database, State Bank of Pakistan data source and Statistical Bureau of Pakistan. Time span of study is consisting of 20 years from 1995 to 2014. By using ordinary least square (OLS) with robust standard error, results confirm that there is a positive and statistically significant impact of high tech exports on economic growth. Although Pakistan is an agriculture country and its economic growth is largely depend upon farming, but for long run economic growth, Pakistan has to increase its high tech exports.


2018 ◽  
Vol 14 (1) ◽  
pp. 64
Author(s):  
Mark Van de Water

This contribution discusses the development of private foreign investment in late colonial Indonesia. The increase in numbers of individual firms, their expanding volume and accumulation of investment in the Netherlands Indies are shown. The focus is on the years 1910-1940 and on Dutch foreign investment, although investment by other countries is touched upon in passing. The data used for this article originate from a database compiled from the Handboek voor cultuuren handelsondernemingen in Nederlandsch-Indië (Handbook for cultivation and trading companies in the Netherlands Indies) and will also be incorporated into my PhD dissertation entitled ‘Foreign investment and colonial economic growth in Indonesia’, which forms part of the larger research project ‘Foreign capital and colonial development in Indonesia’.


2020 ◽  
Vol 9 (4) ◽  
pp. 15-31 ◽  
Author(s):  
O. I. Dontsova ◽  
N. M. Abdikeev ◽  
Yu. S. Bogachev

The paper is devoted to improving managerial tools to ensure the effective implementation of technological breakthrough in the Russian economy. Solving the tasks of socio-economic development of the country, improving the quality of life of the population, ensuring its geopolitical position is impossible without accelerated economic growth. To ensure it, a technological breakthrough is needed in the Russian economy. In order to create appropriate conditions, new management mechanisms are needed in high-tech corporations. The methodological base of the study is based on the provisions of the theory of corporate governance, system, factor, functional and statistical analysis. The paper analyzes the experience of organizations of accelerated technological development and concludes on the effective structure of the managerial apparatus, which coordinates and monitors the activities of corporations. The main directions of state policy to ensure economic growth are identified, a factor analysis of its effectiveness and mechanisms for the formation of the conditions for the implementation of technological breakthrough are carried out. The domestic scientific potential of providing a technological breakthrough in the Russian economy is shown, the effectiveness of mechanisms for converting scientific achievements into breakthrough technologies is considered. The analysis results carried out in the work indicate the absence of a system of concentration of scientific potential for the creation of high-tech innovations. The structure of the scientific and technical platform for generating knowledge and its transformation into competitive technologies in priority sectors of the real sector of the economy is proposed, its organizational form is determined. The work results can be used in solving strategic problems of modernization of high-tech manufacturing industries.


2021 ◽  
Vol 19 (15) ◽  
Author(s):  
Sharmila Thinagar ◽  
Siti Nurul Munawwarah Roslan ◽  
Mohd Khairi Ismail ◽  
Norshamliza Chamhuri

The outbreak of COVID-19 caused the Malaysian Government to take steps to implement the Movement Control Order (MCO). According to Bank Negara Malaysia, the implementation of MCO will have an impact on national incomes, with Malaysia’s estimated economic growth in 2020. The effect of MCO not only affects the macro level, but also at the micro level, particularly those groups of households with the lowest income of 40%. (B40). The B40 income group is a group of households that are expected to face high economic risk and directly affect their patterns of consumption during the implementation of the MCO. This study contributes to the empiric study related to COVID-19 and the implementation of MCO in the B40 group. This study analysed the pattern of financial and consumption of B40 households in Malaysia during the implementation of MCO. The findings show that the financial situation of the B40 household has changed the patterns of daily consumption following the implementation of the MCO.


2021 ◽  
Vol 20 (2) ◽  
pp. 200-222
Author(s):  
Roman M. MEL'NIKOV ◽  
Valentina A. TESLENKO

Subject. The article explores the impact of changes in the educational structure of the employed population on the dynamics of economic growth. Objectives. The purpose is to evaluate the impact of changes in the share of employed persons, having secondary vocational and higher education, and researchers with academic degree on the growth rates of the Russian economy. Methods. The study employs the regression analysis of panel data of Russian regions, the specification with a quadratic dependence of economic growth rates on the share of employed persons, having the higher education and secondary vocational education. A fixed-effects model is used to analyze the short-term effects, the sustainability of results, and long-term effects, using the pool models and random effects models. Results. The increase in the share of researchers with academic degree has a positive and significant effect on economic growth, but only if adequate R&D funding is provided. The increase in the share of employed persons with higher education up to thirty percent is accompanied by an increase in the growth rate of real GRP in the long run, however, further expansion of higher education has no positive effect on economic growth. Conclusions. A powerful form of personnel training for Russian high-tech companies is a special model of ‘industrial postgraduate training’, which involves the collaboration of universities with industrial partners.


2008 ◽  
Vol 24 (2) ◽  
Author(s):  
Fabian Dekker ◽  
Peter Achterberg

Working flexible during unfavorable economic conditions Working flexible during unfavorable economic conditions In the Netherlands, working in a flexible job implies higher risks of job loss and insecurity at work. As most flexible workers eventually switch to a permanent job, labour market flexibility does not really function as an individual 'trap'. However, most studies on the consequences of flexible labour were carried out during more favorable economic conditions. In this article we study flexible workers' labour market position in a period of declining economic growth and rising unemployment. Data from the Dutch Institute for Labour Studies (OSA), ranging from 1998 to 2004, are analyzed with respect to 'unemployment', 'job insecurity' and the 'transition rates' from flexible contracts. Our main finding is that flexible employees cannot be regarded as a segmented workforce.


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