期刊名称:International Journal of Applied Science - Research and Review
电子版ISSN:2394-9988
出版年度:2014
卷号:1
期号:2
页码:56-70
语种:English
出版社:Insight Medical Publishing
摘要:This paper focuses on the influence of decisions made by government and market structure on productivity of innovation activities. People expect state representatives to manage public resources accurately and pursuit the most desirable community's surplus in terms of economic welfare. Businesses presume policy-takers to legislate in an effort to guarantee a favorable environment, thus backing economic growth. Based on an international empirical survey conducted in five European countries, this paper finds a sound mediating effect of new service development. The higher the propensity towards innovation activities the higher the probability of obtaining benefits from competitive pressure. In fact innovation oriented firms outperform the market by converting ideas into business, as a consequence, enhancing, updating or consolidating their offer portfolio. Results stem from two structural equation models that constitute the originality of this study. Since confidence in public policies also depends on the transparency of the procedures, this paper concludes, suggesting that policy-makers shall guarantee simple regulation frameworks if they wanted concretely support firms in the light of European rules on competition.
关键词:Innovation activities; Competition; Applied economics;
Government; NSD; Public administration