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Are business obstacles different for R&D companies?

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  • Heili Hein
  • Kadri Männasoo

Abstract

Investment in research and development (R&D) is often long-term, making R&D companies extremely sensitive to their environment. Using data from the Business Environment and Enterprise Performance Survey rounds IV (2007-2009) and V (2012-2014), we examine the differences in how severe R&D and non-R&D manufacturing companies in Central and Eastern Europe perceive business obstacles to be. Overall, R&D companies were relatively more troubled by various institutional and regulatory obstacles in their business environment than were non-R&D companies, whose main business concern was the tax rate. Over both rounds of the survey, R&D companies perceived labour and trade regulations as more severe obstacles than non-R&D companies did. During the post-crisis period, R&D companies were also relatively more concerned about political instability, courts and corruption.

Suggested Citation

  • Heili Hein & Kadri Männasoo, 2017. "Are business obstacles different for R&D companies?," TUT Economic Research Series 33, Department of Finance and Economics, Tallinn University of Technology.
    • Handle: RePEc:ttu:tuteco:33
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    File URL: http://www.tutecon.eu/index.php/TUTECON/article/download/33/6
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    15. Viive Pille & Viiu Tuulik & Aaro Hazak, 2017. "Sitting at a desk at work makes creative employees tired," TUT Economic Research Series 34, Department of Finance and Economics, Tallinn University of Technology.
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    18. Marit Rebane & Heili Hein & Aaro Hazak, 2017. "Does flexible work make R&D employees happier?," TUT Economic Research Series 23, Department of Finance and Economics, Tallinn University of Technology.
    19. Erve Sõõru & Aaro Hazak & Marit Rebane, 2017. "Long working days and falling asleep at work – issues in R&D work efficiency," TUT Economic Research Series 38, Department of Finance and Economics, Tallinn University of Technology.
    20. Aaro Hazak, 2017. "Fixed-term contracts – a turnoff for R&D employees," TUT Economic Research Series 35, Department of Finance and Economics, Tallinn University of Technology.
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    22. Aaro Hazak, 2017. "Better not to ask your employees to come to work? Issues in R&D work efficiency," TUT Economic Research Series 32, Department of Finance and Economics, Tallinn University of Technology.
    23. Kadri Männasoo & Heili Hein, 2017. "Capital investments and financing structure: Are R&D companies different?," TUT Economic Research Series 26, Department of Finance and Economics, Tallinn University of Technology.
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    25. Kadri Männasoo & Heili Hein, 2017. "Are R&D companies credit-constrained? Credit frictions during and post-crisis," TUT Economic Research Series 29, Department of Finance and Economics, Tallinn University of Technology.
    26. Erve Sõõru & Heili Hein & Aaro Hazak, 2017. "Why force owls to start work early? The work schedules of R&D employees and sleep," TUT Economic Research Series 25, Department of Finance and Economics, Tallinn University of Technology.
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    Cited by:

    1. Erve Sõõru & Aaro Hazak & Marit Rebane, 2017. "Long working days and falling asleep at work – issues in R&D work efficiency," TUT Economic Research Series 38, Department of Finance and Economics, Tallinn University of Technology.
    2. Marit Rebane & Heili Hein & Aaro Hazak, 2017. "Does flexible work make R&D employees happier?," TUT Economic Research Series 23, Department of Finance and Economics, Tallinn University of Technology.
    3. Aaro Hazak, 2017. "Fixed-term contracts – a turnoff for R&D employees," TUT Economic Research Series 35, Department of Finance and Economics, Tallinn University of Technology.
    4. Kadri Männasoo & Heili Hein, 2017. "Are R&D companies credit-constrained? Credit frictions during and post-crisis," TUT Economic Research Series 29, Department of Finance and Economics, Tallinn University of Technology.
    5. Viive Pille & Viiu Tuulik & Aaro Hazak, 2017. "Sitting at a desk at work makes creative employees tired," TUT Economic Research Series 34, Department of Finance and Economics, Tallinn University of Technology.
    6. Marko Virkebau & Aaro Hazak & Kadri Männasoo, 2017. "Using flexitime – for better work or a better life? Issues in R&D work efficiency," TUT Economic Research Series 27, Department of Finance and Economics, Tallinn University of Technology.
    7. Kadri Männasoo & Heili Hein, 2017. "Capital investments and financing structure: Are R&D companies different?," TUT Economic Research Series 26, Department of Finance and Economics, Tallinn University of Technology.
    8. Aaro Hazak, 2017. "Non-creative tasks: a turn off for creative R&D employees," TUT Economic Research Series 28, Department of Finance and Economics, Tallinn University of Technology.
    9. Aaro Hazak, 2017. "Better not to ask your employees to come to work? Issues in R&D work efficiency," TUT Economic Research Series 32, Department of Finance and Economics, Tallinn University of Technology.
    10. Raul Ruubel & Aaro Hazak, 2017. "Does anyone want to work 5 days per week and 8 hours per day? Issues in R&D work efficiency," TUT Economic Research Series 31, Department of Finance and Economics, Tallinn University of Technology.
    11. Marko Virkebau & Aaro Hazak & Kadri Männasoo, 2017. "More flexibility, better results? Issues in R&D work efficiency," TUT Economic Research Series 24, Department of Finance and Economics, Tallinn University of Technology.
    12. Marit Rebane & Aaro Hazak & Kadri Männasoo, 2017. "Women need flexible work, but men get it – issues in R&D work efficiency," TUT Economic Research Series 30, Department of Finance and Economics, Tallinn University of Technology.
    13. Heili Hein & Aaro Hazak & Kadri Männasoo, 2017. "Who has a better chance of getting higher salaries among creative R&D employees?," TUT Economic Research Series 39, Department of Finance and Economics, Tallinn University of Technology.
    14. Erve Sõõru & Heili Hein & Aaro Hazak, 2017. "Why force owls to start work early? The work schedules of R&D employees and sleep," TUT Economic Research Series 25, Department of Finance and Economics, Tallinn University of Technology.

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