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Monthly Report No. 1/2021

Author

Listed:
  • Dimitrios Exadaktylos
  • Mahdi Ghodsi

    (The Vienna Institute for International Economic Studies, wiiw)

  • Julia Grübler
  • Tatiana Romanova
  • Roman Stöllinger

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

Chart of the month Waiting for the vaccine roll-out to speed up by Julia Grübler Opinion Corner Don’t expect an improvement in EU-Russia relations anytime soon by Tatiana Romanova Five factors diminish the likelihood of any improvement in EU-Russia relations in the near future the belief of both actors that time is on their side, deep mutual mistrust and zero-sum thinking, different interpretations of rule-based international order, weakening economic relations, and the geopoliticisation of internal politics. Yet, there are several areas of potential cooperation that could at least prevent further deterioration. ICT industries The eternal concern of EU industrial policy by Roman Stöllinger The EU’s concern that European industry is falling behind the US and emerging producers in Asia in the race for new, ground-breaking technologies dates back to the 1970s. In the field of information and communication technologies (ICT), these concerns are indeed well founded. Revived industrial policy efforts, such as the Important Projects of Common European Interest (IPCEI), are a step in the right direction, but isolated projects will not be sufficient to meet the ‘digital challenge’. Innovation and company performance in the digital sector by Dimitrios Exadaktylos and Mahdi Ghodsi Here we look at how innovation affects the performance of firms operating in the information and communications technology (ICT) sector. Our findings suggest that a firm’s own patents stimulate its labour productivity and improve its share of the global market. Moreover, multinational companies benefit from patents granted to their subsidiaries, whether or not the latter operate in the same sector. On the other hand, patents owned by competing firms hamper a firm’s performance; this highlights the competition effects. Monthly and quarterly statistics for Central, East and Southeast Europe

Suggested Citation

  • Dimitrios Exadaktylos & Mahdi Ghodsi & Julia Grübler & Tatiana Romanova & Roman Stöllinger, 2021. "Monthly Report No. 1/2021," wiiw Monthly Reports 2021-01, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:mpaper:mr:2021-01
    as

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    File URL: https://wiiw.ac.at/monthly-report-no-1-2021-dlp-5546.pdf
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    References listed on IDEAS

    as
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    5. Arvanitis, Spyros & Loukis, Euripidis N., 2009. "Information and communication technologies, human capital, workplace organization and labour productivity: A comparative study based on firm-level data for Greece and Switzerland," Information Economics and Policy, Elsevier, vol. 21(1), pages 43-61, February.
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