Workshop held on 23 July 2013

On the twelfth workshop Grigorii Teplykh shared findings of his research with the study group. Grigorii presented two research papers, which are “Innovations and productivity: shift of the 2008 crisis” and “Value creation model in different types of companies”.

  “Innovations and productivity: shift of the 2008 crisis”

A structural modeling is a widespread tool for analysis of innovations. It allows to take into account that innovative efforts, innovative results and corporate performance are strongly interrelated. However, a few studies in this area involve intertemporal analysis. This paper investigates how financial crisis of 2008 contributed to different stages of transformation of innovative activity to firm productivity in Europe.

 “Value creation model in different types of companies”

 A practice to analyse a set of heterogeneous companies is very popular in studies on the intellectual capital topic. However it’s not correct while the set of main drivers of the value is very specific for every company. This paper singles out different types of firms and analyse the model of value creation for each of them. There is evidence that properties of firms such as size influence a role of tangible and intangible assets in value creation process. 

Presentation SS - Teplykh.pptx