Estimating Relation Between Innovative Development of Large Companies and Their Efficiency
S.R. KHALIMOVA1,2
1Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Sciences, Ac. Lavrentiev av., 17, Novosibirsk, 630090, Russia
2Novosibirsk National Research State University, Pirogova st., 2, Novosibirsk, 630090
Keywords: крупные компании, инновации, регион, отрасль, инновационное развитие, эффективность, large companies, innovation, region, sector, innovative development, efficiency
Subsection: Regional and Interregional Aspects of Structural and Investment Policy
Abstract
The article analyzes the development of large companies in Siberian regions as elements of regional innovation systems, on the one hand, and as elements of sectoral innovation systems, on the other. It evaluates the interrelation between the companies' innovation activity and their operational efficiency. We test a hypothesis that innovative companies are more efficient than non-innovative ones. Characteristics related to the innovative development of large companies are partially responsible for their performance: only intra-innovation environment plays an important role, while neither regional nor sectoral innovation environments determine the efficiency of large companies. Such companies may consider innovation activity as a means to improve performance, although they are poorly integrated into regional and sectoral innovation systems.
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