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• W1567132639 abstract "Iceland is one of the smallest European economies and the country was hit severely by the 2008-financial crisis. This paper considers the economy in the period preceding the collapse. Applying a Data Envelopment Analysis on 204 randomly selected firms, the results suggest that a substantial fraction of the Icelandic firms can be classified as non-efficient in their production process. The production scale of many manufacturing firms is too small to be technically efficient, while service firms typically use excessive resources in their production process. A remarkably weak performance in transforming R&D and labour efforts into successful innovations is observed." @default.
• W1567132639 created "2016-06-24" @default.
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• W1567132639 date "2009-01-15" @default.
• W1567132639 modified "2023-09-27" @default.
• W1567132639 title "Creating Innovations, Productivity and Growth - the efficiency of Icelandic firms" @default.
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