Entrepreneurship activity varies significantly across cities. We use the novel data for 1,652 ecosystem actors across sixteen cities in nine developing and transition economies during 2018–2019 to examine the role that institutional context plays in facilitating the productive entrepreneurship and reducing the unproductive entrepreneurship. This study is the first to develop and test a model of multi-dimensional institutional arrangements in cities. It demonstrates that not just that institutions matter in shaping the entrepreneurship ecosystem in cities, but in particular those institutional arrangements enhancing the productive and reducing unproductive entrepreneurship. Our findings suggest that differences between normative, cognitive, and regulatory pillars are associated with variance in both types of entrepreneurship in cities. For the formation of productive and high-growth entrepreneurs, all three pillars of institutional arrangement matter. For unproductive entrepreneurship normative pillar of institutions and the role of civil society matter most. This study has theoretical and practical implications for entrepreneurship ecosystem policy in cities.

In conditions of globalization and rapidly growing production fragmentation, generation of value added becomes an ultimate goal and a measure of economic performance. The study provides an analysis of factors contributing to value added at macro level in different European countries. The analysis includes a panel framework covering 27 European countries over the period 2006–2015. In order to investigate the differences across regions, three subsamples are considered, namely, developed economies, PIIGS (Portugal, Italy, Ireland, Greece and Spain) and Central-Eastern European Countries (CEEC). Pooled OLS, fixed effects and random effects models are used. The results indicate that increase of value added corresponds to budget discipline, quality of human capital improvement, strong currency and transparent institutions. It could be expected that currency depreciation improves performance of the value added of exported final goods. However, the results show the opposite evidence: currency depreciation causes the value added decrease in all groups. Thus, for transitional countries, it is im¬portant not only to join global production chains, but also to acquire a significant share in generation of value added in these chains based on technological changes.

No abstract

Оцінено секторальний вплив експорту імпорту на ВВП і промислове виробництво з ви користанням моделі векторної авторегресії з коригуванням помилки (VECM) за кварталь ними даними 1998-2016 рр., що важливо для виявлення перспективних напрямів участі українських підприємств у глобальних ланцюгах вартості. Показано, що переважання си ровинних товарів і продукції з низьким ступенем обробки хоч і не виключає можливості для поступового ускладнення експорту, однак істотно поступається стимулюючому впливу промислової продукції середньо та високотехнологічних сегментів на ВВП. Ключові слова: структура експорту; економічне зростання; глобальні ланцюги вар тості; технологічний експорт; технологічний імпорт; векторна авторегресія. Бібл. 26; рис. 4; табл. 2.

The importance of innovation, in both private and public entrepreneurial fields, is the basis of all companies’ strategic choices. This study examines entrepreneurship and innovation, as well as their dynamic interface in value creation, in the public sector. It explores entrepreneurial determinants for public-sector innovation, as collected from managers and employees involved in the water supply and sewage industries in Ukraine. The data, related to a sample of firms, were obtained from a twofold self-administered survey. Adopting an ordered logistic regression model to analyse the data obtained from a survey, it is found that the entrepreneurial determinants of self-awareness, knowledge-enabling and entrepreneurial orientation positively correlate with fostering innovation process. The findings reveal that entrepreneurial leadership and intrapreneurial self-efficacy are mediating determinants. Finally, the results demonstrate that intrapreneurial self-efficacy has more potential than entrepreneurial leadership to stimulate innovation at the individual level, which has both theoretical and practical implications.