Schumpeterian loops in international trade: the evidence of the oecd countries

The paper shows how and why international trade endogenous technological change are part of a Schumpeterian loop in advanced countries. Imports stir the creative response firms exposed to global competition engender introduction productivity-enhancing innovations that contingent upon knowledge competence available each industry. new industry-specific technologies augments both productivity exports. long-term empirical evidence manufacturing industries 13 OECD countries from 1995 2015 fully confirms loop.