This paper explores the differences in labour productivity between five firm clusters, distinguished based on firm size, resource capabilities and geographic scope of a firm market (national vs. international), using a k-means clustering approach and panel data for EU Small Medium and Large enterprises. The study is embedded into the framework of sectoral innovation ecosystems, […]
Author Archive | Randolph Luca Bruno, Julia Korosteleva, Kirill Osaulenko and Slavo Radosevic
An empirical assessment of the role of SMEs in shaping sectoral productivity growth and innovation patterns
Historically, SMEs have been seen as playing an essential role in facilitating industrial dynamics and contributing to employment creation and generation of value-adding across advanced economies but also increasingly in emerging and developing countries. However, post-2008 European economies have experienced a notable slowdown in productivity growth. To better understand the reasons behind the stagnant growth […]
Determinants of Productivity Gap in the European Union: A Multilevel Perspective
The paper explores the determinants of productivity gap within the European Union in four industrial manufacturing sectors (computers, chemicals, basic metals and food) of strong macroeconomic significance and varied ‘Research and Development’ (R&D) intensity. Our analysis reveals that some of the most important factors determining productivity gap across the EU are related to technology gap […]
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