Die Dis cus si on Pape rs die nen einer mög lichst schnel len Ver brei tung von neue ren For schungs arbei ten des ZEW. Die Bei trä ge lie gen in allei ni ger Ver ant wor tung der Auto ren und stel len nicht not wen di ger wei se die Mei nung des ZEW dar.Dis cus si on Papers are inten ded to make results of ZEW research prompt ly avai la ble to other eco no mists in order to encou ra ge dis cus si on and sug gesti ons for revi si ons. The aut hors are sole ly respon si ble for the con tents which do not neces sa ri ly repre sent the opi ni on of the ZEW. 1 Internationalisation, Innovation and Productivity in Services:Evidence from Germany, Ireland and the United Kingdom AbstractThis paper examines the links between internationalisation, innovation and productivity in service enterprises. For this purpose, we use micro data from the Community Innovation Survey 2008 in Germany, Ireland and the United Kingdom, and estimate an augmented structural model. Our empirical evidence highlights the importance of internationalisation in the context of innovation outputs in all three countries. Our results indicate that innovation in service enterprises is linked to higher productivity. Among the innovation types that we consider, the largest productivity returns were found for marketing innovations.Key Words:Internationalisation of services; innovation; productivity. is increasingly important for a firm's survival and also a pathway for sustainable economic growth.Despite this growing importance of services in modern economies, existing empirical evidence on the links between internationalisation, innovation and productivity in services is still limited.Previous analyses of innovation in services have highlighted a number of specific characteristics of services, such as their intangibility, simultaneity of production and consumption, and perishability (Johne and Storey 1998;Hipp and Grupp 2005;Miles 2005; Savona 2009, 2010;Savona and Steinmueller 2013). Following on from these specific characteristics, relative to manufacturing, it has been pointed out that innovation in services is predominantly non-technological, less related to R&D, and it is closer to consumer demand (Licht and Moch 1999;Tether 2005;Tether and Tajar 2008).Notwithstanding these specificities, the boundaries between manufacturing and services are less clear as they are becoming increasingly integrated (Howells 2001 1997, 2005), an internationally recognised set of guidelines on collecting and interpreting data on innovation published jointly by the OECD and the European Commission. 4The novelty of our contribution consists in improving, on the basis of theoretical foundations, previous conceptual frameworks and empirical methodologies in several ways. First, we account in the empirical analysis for the role of internationalisation of service activities on the links between innovation inputs, innovation outputs and productivity. Second, while most of previous analyses of the link between innovation and productivity have focused on technological innovatio...
In the European Union, the most important labour market models that have been proposed for labour market reform are flexicurity and the transitional labour market. In this position paper, we conceptualise the models of flexicurity and the transitional labour market, and we outline potentially relevant research questions. These research questions focus on explaining the variations in labour market policies across EU countries and the impact of labour market institutions on labour market outcomes as well as innovation and the adoption of new technologies. NEUJOBS Special Reports present work being conducted within the NEUJOBS research project, which analyses likely future developments inEuropean labour markets. The views expressed in this report are those of the authors and do not necessarily represent any institution with which they are affiliated. See the back page for more information about the NEUJOBS project. ISBN 978-94-6138-125-5 This paper is available for free downloading from the CEPS website (www.ceps.eu) or the NEUJOBS website (www.neujobs.eu)
Die Dis cus si on Pape rs die nen einer mög lichst schnel len Ver brei tung von neue ren For schungs arbei ten des ZEW. Die Bei trä ge lie gen in allei ni ger Ver ant wor tung der Auto ren und stel len nicht not wen di ger wei se die Mei nung des ZEW dar.Dis cus si on Papers are inten ded to make results of ZEW research prompt ly avai la ble to other eco no mists in order to encou ra ge dis cus si on and sug gesti ons for revi si ons. The aut hors are sole ly respon si ble for the con tents which do not neces sa ri ly repre sent the opi ni on of the ZEW. 1 Internationalisation, Innovation and Productivity in Services:Evidence from Germany, Ireland and the United Kingdom AbstractThis paper examines the links between internationalisation, innovation and productivity in service enterprises. For this purpose, we use micro data from the Community Innovation Survey 2008 in Germany, Ireland and the United Kingdom, and estimate an augmented structural model. Our empirical evidence highlights the importance of internationalisation in the context of innovation outputs in all three countries. Our results indicate that innovation in service enterprises is linked to higher productivity. Among the innovation types that we consider, the largest productivity returns were found for marketing innovations.Key Words:Internationalisation of services; innovation; productivity. is increasingly important for a firm's survival and also a pathway for sustainable economic growth.Despite this growing importance of services in modern economies, existing empirical evidence on the links between internationalisation, innovation and productivity in services is still limited.Previous analyses of innovation in services have highlighted a number of specific characteristics of services, such as their intangibility, simultaneity of production and consumption, and perishability (Johne and Storey 1998;Hipp and Grupp 2005;Miles 2005; Savona 2009, 2010;Savona and Steinmueller 2013). Following on from these specific characteristics, relative to manufacturing, it has been pointed out that innovation in services is predominantly non-technological, less related to R&D, and it is closer to consumer demand (Licht and Moch 1999;Tether 2005;Tether and Tajar 2008).Notwithstanding these specificities, the boundaries between manufacturing and services are less clear as they are becoming increasingly integrated (Howells 2001 1997, 2005), an internationally recognised set of guidelines on collecting and interpreting data on innovation published jointly by the OECD and the European Commission. 4The novelty of our contribution consists in improving, on the basis of theoretical foundations, previous conceptual frameworks and empirical methodologies in several ways. First, we account in the empirical analysis for the role of internationalisation of service activities on the links between innovation inputs, innovation outputs and productivity. Second, while most of previous analyses of the link between innovation and productivity have focused on technological innovatio...
SummaryThe global financial and economic crisis has severely affected foreign direct investment, particularly the cross-border mergers and acquisitions in advanced economies. This paper examines the effects of foreign mergers and acquisitions on labour productivity and employment growth over the period 2001-2009 in six small open economies in the European Union: Austria, Belgium, Denmark, Finland, the Netherlands and Sweden. We show that the severity of the crisis has been uneven across these six economies. Taken together, our estimates suggest that foreign direct investment had stronger effects on firm performance in services than in manufacturing.
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