Special Economic Zone as a Local Area of Public-Private Parthership Implementation

Akhmetshina, E. R.; Guzelbaeva, G. T.; Rakhmatullina, D

doi:10.35808/ersj/646

Cited by 9 publications

(7 citation statements)

References 21 publications

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“…Specific business promotion council could be formed for the promising export industries under the Ministry of Commerce as a joint initiative of government and private agencies, which will help both parties to look after their own agenda and orchestrate the resources in a single bundle of export assistance. Special economic zones through public-private partnerships could be created; to attract investment from the private sectors, incentives such as reduced income tax and exemptions from value added tax (VAT) payment might be introduced (Akhmetshina et al , 2017). A public-private collaboration to offer institutional support will improve the effective exploitation of various export assistance, such as low-interest loans and foreign market information (Leonidou et al , 2011).…”

Section: Discussionmentioning

confidence: 99%

The standalone and resource-bundling effects of government and nongovernment institutional support on early internationalizing firms’ performance

Faroque

Sultana²,

Ahmed

et al. 2021

CPOIB

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Purpose This study aims to analyze the individual and joint effects of institutional support by government and nongovernment institutions on early internationalizing firms’ (EIFs) performance. It also investigated the moderating impact of firm age and size on the institutional support-firms’ export performance relationships. Design/methodology/approach Data were collected from 705 EIFs in the apparel industry of Bangladesh and analyzed with hierarchical regression. Findings The positive influence of institutional support on exporting firms’ financial performance is stronger for the joint effect of government and nongovernment assistance than the individual impact. Firms’ size positively moderates the impact of individual government and nongovernment assistance, while age positively moderates their resource-bundling effect. Research limitations/implications The findings suggest the necessity of integrating resources from diverse but complementary sources of institutional support for superior export performance. The findings also show the presence of the liability of smallness and liability of newness in the standalone and joint influence of institutional support, respectively. Practical implications Firms need to bundle resources obtained from the government (unrequited) and nongovernment (reciprocal) institutional support to overcome the liability of smallness they might encounter while availing of support from only one source. Originality/value Distinguishing between government and nongovernment institutional support, this paper sheds light on exporting firms’ resource-bundling mechanism for these two sources of support in the backdrop of an emerging economy. It also offers fresh insights into the critical role of the liabilities of newness and smallness in early internationalization, especially with regard to the home-country institutional environment.

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Section: Discussionmentioning

confidence: 99%

The standalone and resource-bundling effects of government and nongovernment institutional support on early internationalizing firms’ performance

Faroque

Sultana²,

Ahmed

et al. 2021

CPOIB

View full text Add to dashboard Cite

show abstract

“…Dynamic and comparative analysis became main research methods, besides the method of groupings in the study of state and dynamics of the development of the regional economy, the analysis of regulatory and legal regulation of socio-economic development, including strategic development, forecasting systems, institutional analysis and analysis of long-term development documents of Russia and Rostov region, economic and mathematical modeling in substantiating the state investment policy (Thalassinos et al, 2010;2012;Tyaglov et al, 2017;Sibirskaya et al, 2016;Rena-Miguel et al, 2017;Kormishkin et al, 2016;Shekhovtsov et al, 2017;Akhmetshina et al, 2017;Menshchikova and Sayapin, 2016).…”

Section: Grounds Of the Researchmentioning

confidence: 99%

State Investment Policy and Priorities of Macroeconomic Structure of Regional Economy Transformation

Шеховцов¹,

Shchemelev²

2017

ERSJ

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The article is dedicated to the urgent problem of the state investment policy formation directed at transforming macrostructure of the regional economy. The aim of such transformation is to form long-term competitiveness of the regional economy, taking into account global changes in domestic and world economy. The object of research is the regional economy of Rostov Region. The article provides the macroeconomic dynamic and comparative analysis of the regional economy; it defines the place of Rostov Region in the economic potential of Russia and Southern macro region. The aspects of goal-setting formation in the investment development of the region are studied. The given article presents detailed analyses of methodological approaches of the prioritization of state investment policy aimed at transforming the macro-structure of the regional economy, including the use of multipliers, production functions, priorities based on the forecast and strategy of Russia's long-term scientific and technological development and the scientific and technological initiative. As a result of the carried out research, the authors systematized approaches to form priorities of the macrostructure transformation of the regional economy in the process of implementation of the state investment policy and identified main tasks for making decisions in this area.

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“…Their capital was to support and activate the economic development of selected areas, sometimes also to alleviate structural problems occurring in their area (as in the case of Poland). In addition, it was expected that the inflow of foreign capital would initiate the exchange of knowledge, transfer of modern technologies, innovations (Akhmetshina et al, 2017;Kanungo, 2016;Pakdeenurit et al, 2014) and facilitate access to worldclass marketing and management systems (Palit, 2010).…”

Section: Introductionmentioning

confidence: 99%

What are the Key Location Factors for Firms in Special Economic Zones? Evidence from Poland

Jaroslaw¹,

Nazarczuk²

2021

ERSJ

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Purpose: Since the Polish special economic zone programme (SEZ) serves as a good ground for running location-based studies, due to its footloose approach towards the location of SEZs subzones, the paper aims at depicting the hierarchy of location factors investors in SEZs have, compared to non-SEZs entities. Approach/Methodology/Design: Basing on the data obtained from a survey on equally-sized and comparable two groups of firms: (i) in SEZs, and (ii) operating outside SEZs, the paper verifies the magnitude of influence of particular location factors on firms' decisions where to locate their establishments. Differences in the perception of factors are further tested with parametric and nonparametric statistical tests to reveal significant differences among them. Findings: Firms in SEZs put the availability of tax exemptions in SEZs as an essential location factor. Statistical tests have proved significant heterogeneity among SEZ and non-SEZ entities, generally signalling higher attention (in case of the former) put to the closeness to outlet markets, research centres, FDIs, leaders in the industry and availability of low-skilled workers. Practical Implications: The knowledge of the hierarchy of location factors in SEZs may enhance the quality of management in SEZs, reveal areas supervising agencies should take care in the expansion of SEZs, and finally increase the effectiveness of SEZs programmes. Originality/Value: The paper advances by indicating a series of success factors in the operation of special economic zones, the managing agencies should bear in mind when undertaking decisions on the location of particular zones.

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Special Economic Zone as a Local Area of Public-Private Parthership Implementation

Cited by 9 publications

References 21 publications

The standalone and resource-bundling effects of government and nongovernment institutional support on early internationalizing firms’ performance

The standalone and resource-bundling effects of government and nongovernment institutional support on early internationalizing firms’ performance

State Investment Policy and Priorities of Macroeconomic Structure of Regional Economy Transformation

What are the Key Location Factors for Firms in Special Economic Zones? Evidence from Poland

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