Makarov Valery L. CEMI, Moscow - PowerPoint PPT Presentation

About This Presentation
Title:

Makarov Valery L. CEMI, Moscow

Description:

... proof that investments of private sector to R&D depend on tax holidays. ... of open economy under UCOS, EERC, research department in ALFA bank and others. ... – PowerPoint PPT presentation

Number of Views:58
Avg rating:3.0/5.0
Slides: 19
Provided by: Bakhtizi7
Category:

less

Transcript and Presenter's Notes

Title: Makarov Valery L. CEMI, Moscow


1
Knowledge Economy
(Case of Russia)
Makarov Valery L. (CEMI, Moscow) E-mail
makarov_at_cemi.rssi.ru Web http//www.cemi.rssi.ru
/
2
Plan of Presentation
  • Indicators of Knowledge Economy
  • Who measures knowledge.
  • 3. Difficulties for cross countries
    comparisons
  • 4. Growing competitive structure
  • (Case of economics research institutions)
  • 4. Examples of Empirical Studies.
  • 5. Theory Economics of Knowledge vs Standard
    Economics.
  • 6. Knowledge management.

Points of Attraction
1. Centers of Knowledge Production.
Concentration of intellectual capital. 2. New
institutional structure in the epoch of Knowledge
Society. 3. Generation of demand on Knowledge
direct function of state. 4. Tacit Knowledge
competitive advantage of Russia.
3
Knowledge measurement
  • Investments into Knowledge production grow faster
    then investments into production at large. (3.4
    per annum vs. 2.2 average)
  • in 90-s years for OECD countries
  • (See. OECD (2001))
  • 90 scientists and engineers live at present.
  • 90 quantity of knowledge is produced at the
    period of last 30 years.

4
Investments into the sector
of knowlegde production
of GDP
5
Supply (production)
  • Natural (physical) units number of pages,
    papers, articles, patents, inventions, new
    products, innovative firms etc.
  • Expenditures on RD, higher education, computer
    software
  • Cost of public goods.

Demand (consumption)
  • Citations
  • Publications in mass media
  • Hits in Internet
  • Indicators of patents and inventions
    application
  • Value added in companies of high technology and
    science consumption sector

6
Indeces, ratings
PPi ,Progressive Project institute, USA Annually
issued started by 1999 ???? The 2002 State New
Economy Index. 21 indicators across 50 states
of US as a base for Integrated index
Centers of Knowledge production
Production of Knowledge is located in few
centers. Consumption of Knowledge is distributed
evenly across states according to PPi
measurement.
OECD department, number of international
associations, government and private institutions
7
Production of sectors with high rate of technology
in billions of PPP dollars
Russia 1999 data
RUSSIA
8
High technology's products plus services
in billions of PPP dollars
RUSSIA
9
Transfer of technologies
in millions of PPP dollars
10
Examples of empirical studies
First phase collection of data, second phase
empirical analysis, third phase developing
theory
  • 1. Porter M. E. and Stern S., (2000) measure
    knowledge by quantity of patents. The tree
    findingd of the paper are
  • Annual flow of the patents is proportional to the
    stock of the patents in the country.
  • There is negative relationship between total
    (international) stock of patents and national
    productivity of RD. It means that total
    international stock of knowledge press national
    RD in contrast to common intuition.
  • Small but positive effect o the patents flow on
    TFP (Total Factor Productivity)
  • 2. Keller W. (2002) Geographic Localization of
    International Technology Diffusion American
    Economic Review The paper based on data of OECD
    countries, including expentitures on RD and TFP
    for manufacturing industries at the period from
    1970 to 1995.
  • Two conclusions
  • High technologies (expenditures of which are
    concentrated in 5 countries USA, UK, Japanlt
    Germany, France) expand to other countries back
    proportional to (physical) distance (with
    correction to intercontinental dummy) Speed and
    amount of technology diffusion grow with time.

3. Bloom N., Griffith R., and Van Reenen J.
(2002) Do RD tax credits work Evidence from a
panel data of countries 1979 1997 Journal of
Public Economics 85, pp.1 31. The paper gives
an empirical proof that investments of private
sector to RD depend on tax holidays. The paper
based on data of 9 OECD countries for the period
of 19 years (1979 1997). The result 10 of tax
free adds 1 for RD investments in short run
and 10 in long run.
11
Share of expenditures on basic research
in total RD expentitures ( )
12
Distribution of generated profit
  • Pazhitnov - 15 000
  • Computer Center of Russian Academy of Sciences -
    4 mln.
  • Company Nimtanda gt 1 bln

market value
Tobin's Q
book value
Average Q for Russian companies less then 0.3
Paragraph International Q 40
13
Tacit knowledge
Introduced by Polanyi, M. (1966) The Tacit
Dimension, London Routledge and Kegan Paul.
Specific features of Russian culture tacit
knowledge must be competitive advantage of
Russia. Follow traditions, transfer of knowledge
on personal basis, less division of labor.
Informal (groups, family, firms, clubs) education.
  • Tacit knowledge of institutions
  • Design teams in military industrial complex.
  • Submarines, nuclear ice break ships
  • Bill Gates Knowledge Workers.

Measurement, capitalization of institutions
tacit knowledge
  • Human capital
  • Competence
  • Experience
  • Skill
  • Structural capital
  • Processes
  • Information systems
  • Data bases
  • Customers capital
  • Relations to clients
  • Brands
  • Trade marks

14
An Example of Breakthrough
Fullerens
  • Publications 480 (7 of total)
  • Authors 750 ( 460 has one paper)
  • Patents 44 5
  • Grants of National Foundation 122
  • Dissertations 15 (1997-98)
  • 85 - Acad. Sci, 15 Universities

15
New features of Knowledge Economy
  • See, for example, Gibbons, M., Limoges, C.,
    Nowotny, H., Schwartzman, S.,
  • Scott, P. and Trow, M. (1994) The New Production
    of Knowledge The Dynamics
  • Of Science and Research in Contemporary
    Societies, London Sage Publications.
  • Number of sites of (applied) knowledge
    production, grows rapidly. Distribution of
    publications says about it. Significant part of
    studies does not go to publications.
  • Greater variety of institutions, involved into
    knowledge production. They are
  • communicate with each other widely.
  • New institutions appear in relation to a
    problem or substance, not in relation
  • to standard classification.
  • Emerged links are soft and volatile, its depend
    on a problem.
  • In general the system of knowledge production,
    distribution, consumption is
  • growing exponentially in terms of quantity of
    links.

16
Traditional system
New system
Laboratory mediator consumer of
knowledge Explicit division of labor Market of
knowledge is organized by mediator
Knowledge consumer participates in creation of
knowledge Market of products (knowledge itself)
substitutes by market of services The concept
Knowledge Society perfectly fits into the new
system
17
Competitive environment in the
field of economic research
  • State universities National Academy under
    Federal government Moscow State university
    (Economics Department, Moscow school of
    economics) Higher School of Economics
    Plechanovs Academy Financial Academy State
    institute of management
  • Russian Academy of Sciences 7 research
    institutes including CEMI
  • Government research institutes Institute of
    macroeconomics, SOPF, bureau of economic
    analysis, center of reforms, center of strategic
    analysis and monitoring institute under ministry
    of economics of RF research group under ministry
    of finance of RF.
  • Non-government research bodies New Economic
    School under CEMI, RESEP, CERIR, Gaidar
    institute, Illationov Institute, Shanins School,
    Institute of open economy under UCOS, EERC,
    research department in ALFA bank and others.

18
Lessons for Russia
  • 1. Leading Russian companies are going to be
    major players in Knowledge Economy. (Major
    investors in particular)
  • 2. The government should provide
  • incentives to develop high technology business
    including its export
  • (taxes, tariffs, insurance, etc)
  • 3. Protection of small business by big
    corporations, by local governments
Write a Comment
User Comments (0)
About PowerShow.com