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on Knowledge Management and Knowledge Economy |
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Issue of 2022‒04‒18
two papers chosen by Laura Nicola-Gavrila Centrul European de Studii Manageriale în Administrarea Afacerilor |
| By: | Vujanovic, Nina; Radosevic, Slavo; Stojcic, Nebojsa; Hisarciklilar, Mehtap; Hashi, Iraj |
| Abstract: | The beneficial effects of innovation for firm performance and competitiveness are well established but it has been suggested in recent years that innovation regimes differ between advanced and emerging economies. While advanced economies rely on knowledge generation, their emerging counterparts follow mainly knowledge use regime through the application of existing knowledge and technology. Climbing up the technological ladder can be helped through spillovers from foreign investors to local firms. We investigate whether FDI spillovers influence different phases of innovation process (from decision to innovate to productivity) among knowledge using and knowledge creating firms in an emerging European economy. The results show that innovation process in emerging economies is closer to imitation than creation of novel products. Local firms benefit from foreign counterparts in the early phase of innovation process. Stronger FDI effects are found on firms that undertake innovation through knowledge use than through knowledge generation. |
| Keywords: | knowledge use; knowledge generation; FDI; innovation; emerging economy |
| JEL: | O31 |
| Date: | 2022–01 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:112396&r= |
| By: | von Borries, Alvaro (CIRCLE, Lund University); Grillitsch, Markus (CIRCLE, Lund University); Lundquist, Karl-Johan (CIRCLE, Lund University) |
| Abstract: | In this paper we explore the (changing) spatial concentration of low-income jobs throughout the last 30 years in Sweden, a period that has been characterized by the rise of what has become known as the knowledge economy. In particular, we describe (map) and try to understand what drives the concentration of low-income jobs in certain regions and how that has changed in time. We observe an overall decrease of the prevalence of low-income jobs during the last three decades. Moreover, regions have also converged, meaning that the great differentiator between places is less and less about how many low-income jobs they host, but how many very well paid there are. We also find that labor market polarization does not seem to lead to a greater incidence of low-income jobs when measured against a threshold related to the national income distribution, but, as expected, it does when we move towards a regional threshold, thus accounting for regional income differences. Finally, regions with a larger knowledge economy have tended to have a lower incidence of low-income jobs, both measured with respect to the national and to the regional income. This points towards the knowledge economy being a source of regional prosperity either through the upgrading of jobs or rising the wages of low- income workers. Despite all the discourse about the degradation of the Nordic model, we provide some evidence for it to be still working in Sweden under this new and complex knowledge-dominated era. |
| Keywords: | low-income jobs; regional development; inequality; knowledge economy; labor market polarization |
| JEL: | D31 J21 P25 R12 R23 |
| Date: | 2022–03–31 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:lucirc:2022_004&r= |