Innovation and Exporting: Evidence from Spanish Manufacturing Firms
نویسندگان
چکیده
This paper investigates the relationship between innovation and the export behavior of firms using data from a representative panel of Spanish firms over 1991-2002. It presents a simple theoretical model of the firm decision to export and innovate that guides the econometric analysis. Consistent with the predictions of the theoretical model, the econometric results suggest a positive effect of firm innovation on the probability of participation in export markets. The results further reveal the heterogeneous effects of different types of innovations on the firm export participation. In particular, product upgrading appears to have a larger effect on the firm export participation than the introduction of cost-saving innovations. These findings are robust to alternative regression techniques to control for firm unobserved heterogeneity, to dynamic specifications and to the use of instrumental variables regressions to control for the potential endogeneity between innovation and exporting.
منابع مشابه
Firm Innovation, Productivity, and Trade
Firm innovation effort, productivity, and export propensity are found to be positively correlated with one another. Two alternative explanations have been offered for this — innovation increases productivity and more productive firms self-select into exporting or, alternatively, exporting increases learning and innovation, which in turn affects productivity. We use differences in timing implied...
متن کاملConvergence or Capabilities? Explaining Firm Heterogeneity in Learning by Exporting
An interesting theoretical debate arises with respect to learning-by-exporting when considering macro-economic convergence and firm capability arguments side-by-side. Convergence theory intimates that technologically lagging firms stand to benefit most from exporting because exposure to the advanced technological knowledge in foreign markets allows them to make up for the disparity in capabilit...
متن کاملLearning by exporting : Lessons from high-technology SMEs
Theory points to the existence of a ‘learning by exporting effect’, in which exposure to export markets enhances performance through exposure to the knowledge stocks of trading partners. We investigate the learning by exporting hypothesis by examining the effect of exporting on the subsequent innovation performance of UK high-tech SMEs. We find evidence of learning by exporting, but the pattern...
متن کاملINNOVATION AND THE EXPORT - PRODUCTIVITY LINK Bruno Cassiman
In this paper, we explore the relationship between innovation activity, productivity, and exports using a panel of Spanish manufacturing firms for 1990-1998. Our results – based on nonparametric tests – suggest that firm innovation status is critical in explaining the positive export-productivity association documented in prior research. For the sample of small innovating firms, we find no sign...
متن کاملEffect of Productivity on Export: New Evidence from Iranâs Manufacturing Industries
Based on the recent literature of heterogeneous firms, productive firms self select themselves into foreign markets. In this framework, there is a productivity rise prior to exporting. On the other words, different export performance across firms is linked to their heterogeneity. Â The main purpose of the present paper is to examine the so-called hypothesis of heterogeneous firm in Iran. For ...
متن کامل