The Competitiveness of Firms, Regions and Industries in the Knowledge-based Economy (MICRO-DYN)
– growth, employment and competitiveness in the knowledge-based economy, based on data on firms and industries in European countries.– an EU project conducted in cooperation with partners in 14 countries under the coordination of the WIIW, Vienna. Participants
Fulvio Castellacci
Arne Melchior
The Competitiveness of Firms, Regions and Industries in the Knowledge-based Economy (MICRO-DYN)
MICRO-DYN (‘Micro-Dynamics’) examines growth, employment and competitiveness in the knowledge-based European economy through a micro-founded firm-based approach. The analysis is ‘bottom–up’, i.e. moving from the micro-entities of economic actions and strategies at the enterprise level to the sectoral, regional, national and European levels. Integrated and comparable cross-country firm-level evidence shapes the research effort within the project. The analysis uses comprehensive data-sets across all European regions and industries as far as possible. Individual data on firms call for statistical models of individual behaviour allowing for firm heterogeneity. These models have to be aggregated at the sectoral, regional and national levels. To date, such models have been very scarce, as most research has concentrated on different levels of aggregation without much exploration of their interdependence.
Funding
The European Commission
Publications
- Castellacci, Fulvio (2009). How Does Competition Affect the Relationship Between Innovation and Productivity? Estimation of a CDM Model for Norway. NUPI Working Paper: 767. 35 pages. The paper investigates the effects of industry-level competition on firm-level innovation and productivity.
- Castellacci, Fulvio
(2010). How does competition affect the relationship between innovation and productivity? Estimation of a CDM model for Norway,
Economics of Innovation and New Technology , vol. 19,
.Routledge.p. 1-22.The paper investigates the effects of industry-level competition on firm-level innovation and productivity. We propose a refined version of the CDM (Crepon, Duguet, and Mairesse) model that analyses the impacts of competition on four interrelated stages of the innovation process: the choice of a firm to engage in innovation, its R&D intensity, its innovation output and labour productivity. [url]
