Monthly Report No. 1/2021

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Dimitrios Exadaktylos, Mahdi Ghodsi, Julia Grübler, Tatiana Romanova and Roman Stöllinger

wiiw Monthly Report No. 1, January 2021
50 pages including 2 Tables and 30 Figures

Current issues accessible exclusively for Members. Free access after an embargo period of six months.

  • 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

 

Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Keywords: COVID-19 vaccination, rule-based international order, zero-sum thinking, energy transition, R&D, Arctic development, labour productivity, Important Projects of Common European Interest, market share, stock of patents, ‘patent boxes’

Countries covered: Australia, Canada, CESEE, China, European Union, India, Japan, New Zealand, Russia, South Korea, United Kindom, US

Research Areas: Sectoral studies


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