ID Lab ONLINE Workshop

Grigory Teplykh presented preliminary results of the study "Exploring the multiple role of state ownership for firm innovations in emerging markets: the Russian case"

The paper explores in detail how state ownership impacts on innovations in Russian firms. It considers different types of innovations and various channels of influence: direct effects on innovations efforts and knowledge production, and moderating effects through internal and external factors. The data includes two separate cross-sectional datasets obtained from surveys conducted in 2012 and 2014. The analysis is performed in the framework of the complex model linking together main innovation activities. The results are quite surprising: despite a better innovativeness of SOEs in all aspects, the direct effects of state ownership are quite weak and ambiguous. Moreover, they seem to be nonlinear in capital share and differ between innovation activities. We also found that state ownership slightly increases sensitivity of firm behavior to internal and external drivers. The findings raise the question about reasonable degree of government participation in STI development in emerging economies.