Competitiveness of high-tech sectors in the European Union: A comparative study

Braja, Mirosława

doi:10.14254/2071-8330.2019/12-2/13

Cited by 13 publications

(10 citation statements)

References 22 publications

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“…On the other hand, these results are generally in line with our previous studies focused on high-tech competitiveness (Braja & Gemzik-Salwach, 2019). The obtained results of Balassa RCA index showed the competitiveness of the high-tech sector in many countries, especially in Germany, the Netherlands, France and Denmark.…”

Section: Resultssupporting

confidence: 91%

Competitiveness of high-tech exports in the EU countries

Braja¹

2020

Journal of International Studies

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The global economy is changing rapidly. In recent years we have witnessed radical changes in global exports, as well as in manufacturing sectors. The increasing role of innovative and disruptive technologies was one of the critical factors that stimulated these processes. Nowadays, knowledge-intensive and innovation-absorbing industries are perceived as primary drivers of economic growth and economy's competitiveness. On the other hand, developed and competitive economies can create a favorable environment for further adoption of the newest technologies and serve as reservoirs for the most promising technologies. Globalisation and internationalisation, as well as evolution of global trade relations, affect both businesses and economies. Also, observed technology spillovers and trade shifts have led to reformulation and redefinition of competitive advantages. This paper aims at evaluating export performance and competitiveness in high-tech sector across the EU. The authors have conducted this study using constant market shares analysis (CMS), a well-known method of export decomposition.

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Section: Resultssupporting

confidence: 91%

Competitiveness of high-tech exports in the EU countries

Braja¹

2020

Journal of International Studies

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“…In terms of development trends and advanced globalization, however, sustainable growth can only be guaranteed by enhancing competitive advantages based on innovative solutions. This means that enterprises that wish to be(come) competitive internationally should invest in the latest solutions to strengthen their competitive position in the market (Braja & Gemzik-Salwach, 2019). This mainly includes the involvement of entrepreneurs pursuing activities in the field of R&D. Consequently, public intervention with the support of EU funds has focused on support for undertakings related to the development, implementation and transfer of technologically and organizationally innovative solutions (Ministry of Regional Development, 2011; European Commission, 2010b).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

The Impact of Financial Innovation Investment Support on SME Competitiveness

Lewandowska¹,

Bilan²,

Mentel³

2021

JOC

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This article examines financial support (especially EU Structural Funds as the main tool of cohesion policy) for investments as a lever for the development of SME innovativeness in Poland. The European Commission strongly stresses the importance of their cohesion policy and support for SMEs. European enterprises have suffered significantly from the credit crunch, and the situation could worsen as banks engage in restructuring to eliminate impaired assets from their balance sheets. Supporting SMEs and promoting entrepreneurship is essential for economic development and competitiveness, especially in less developed regions. The main aim of this study is to establish the impact of financial support for investments, especially from EU Structural Funds, on SME competitiveness in Poland. We have analyzed empirically the data drawn from CATI carried out among 805 firms. We have learned how SMEs assess the financial support from different sources along with the resulting impact on the competitiveness of SMEs. The main statistical test for relationships and dependencies was the chi-square independence test and Cramer’s V. The results of our research show that SMEs have not used financial support efficiently. Moreover, micro-enterprises were shown to be the least effective after receiving financial support from EU funds. This support often has a demand-driven effect, but it does not improve firm competitiveness.

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“…Studies on industry-level competitiveness determinants are included (Meleo, 2014). Competition network as a source of competitiveness (Wang & Gao, 2020) as well as high-tech sectors (Braja & Gemzik-Salwach, 2019) are also part of it. Institutional arrangements have a key role in the innovation system in Japan (Kwon & Motohashi, 2017).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

“…As for competitiveness in high-tech sectors, there is a correlation between investment in R&D and export in the high-tech sectors (Braja & Gemzik-Salwach, 2019). Productivity and competitiveness show a close association demanding to be explored in more detail (Baumann et al, 2019).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Testing for Convergence in Competitiveness and Growth in Selected Economies from 1994 to 2020

Škare¹,

Porada-Rochoń²,

Stjepanović³

2021

JOC

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Competitiveness on a small and large scale is necessary for growth. A definitive link between the level of competitiveness and growth has been difficult to prove. One of the primary objectives of economic planning is to promote price and exchange rate stability. Entrepreneurialism and productivity also increase the country’s export competitiveness. The aim of this study is to test for the convergence in competitiveness and convergence club existence in selected economies. No previous research had tested for convergence in competitiveness using a nonlinear timevarying factor model. This paper provides an overview on convergence in competitiveness and convergence clubs’ existence for 42 countries using quarterly data from 1994q1 to 2020q4 testing on competitiveness. Convergence log (t) test results show differences in competitiveness between classified convergence clubs. Russia, Brazil, and Turkey are the clubs (groups of countries) that show a transitional path (convergence in competitiveness) that differs entirely from the rest of the sample. Countries with more natural resources and exogenous monetary policies follow a unique development path to competitiveness. We find no evidence of divergence in countries within the clubs. However, we find a club (group of countries) following a clear divergence path from the other countries (Russia, Brazil, and Turkey). Our findings could potentially explain the increase in divergence in competitiveness across countries after the financial crisis of 2008.

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Competitiveness of high-tech sectors in the European Union: A comparative study

Cited by 13 publications

References 22 publications

Competitiveness of high-tech exports in the EU countries

Competitiveness of high-tech exports in the EU countries

The Impact of Financial Innovation Investment Support on SME Competitiveness

Testing for Convergence in Competitiveness and Growth in Selected Economies from 1994 to 2020

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