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10 - Economic Development and Innovations

Published online by Cambridge University Press:  27 January 2021

Alexander Libman  and
Anastassia V. Obydenkova
Alexander Libman
Affiliation:
Ludwig-Maximilians-Universität Munchen
Anastassia V. Obydenkova
Affiliation:
IBEI, Barcelona, Spain
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Summary

In this chapter of our book, we investigate the effect of the CPSU legacy on the economic performance of Russian regions. We use a broad catalogue of indicators, looking at the economic growth, foreign trade (both the overall volume and the geographic orientation) and innovation activity of Russian firms, measured by patent applications and the number of issued patents. We find that the CPSU legacy does not affect economic growth. However, it has an influence on the innovation activity of Russian firms. In regions with larger CPSU membership in the past, firms are characterized by lower innovation activity. Again, this is most likely linked to the persistence of Soviet bureaucratic practices.

Keywords

Russian regionsinternational tradeeconomic growthpatentsinnovation activityCPSU legacy
Type
Chapter
Information
Historical Legacies of Communism
Modern Politics, Society, and Economic Development
 , pp. 255 - 279
Publisher: Cambridge University Press
Print publication year: 2021

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