Innovation and export performance: do young and mature innovative firms differ?

被引：34

作者：

Gkypali A. ^{[1
]}

Rafailidis A. ^{[2
]}

Tsekouras K. ^{[1
]}

机构：

[1] Department of Economics, University Campus Rio, University of Patras, Patras

[2] Department of Business Administration Megalou Alexandrou 1, Technological Educational Institute of Western Greece, Koukouli, Patras

来源：

Eurasian Business Review | 2015年 / 5卷 / 2期

关键词：

Endogeneity; Export performance; Group analysis; Innovation performance;

D O I：

10.1007/s40821-015-0030-4

中图分类号：

学科分类号：

摘要：

The relevant literature is conflicted about the direction of causality between innovation and exports. In this paper we attempt to shed light on this relationship by setting a theoretical framework where a two-way causality is hypothesized to exist between these two firm activities. In addition, the role of firm age is highlighted as firms at different stages of their life cycle may face different prospects and constraints and thus develop different strategies to survive and grow. Such differential patterns may be even more intense due to the different knowledge and capabilities portfolio possessed by young and mature firms. Employing a sample of Greek Manufacturing R&D active firms for the year 2010, we estimate a multi-group path analysis for young and mature firms. Even though empirical results do not support the existence of a two-way causality between innovation and export performance, when we account for the moderating role of age it becomes evident that the direction of causality differs between young and mature firms. Also the indirect and direct effect of firms’ R&D stock is confirmed as an intermediate link within the innovation-export nexus. © 2015, Eurasia Business and Economics Society.

引用

页码：397 / 415

页数：18

共 54 条

[1]

Antonelli C., Scellato G., Complexity and technological change: knowledge interactions and firm level total factor productivity, Journal of Evolutionary Economics, 23, pp. 77-96, (2013)

[2]

Arvanitis S., Gkypali A., Tsekouras K., Knowledge Base, Exporting Activities, Innovation Openness and Innovation Performance: A SEM Approach towards a Unifying Framework, KOF Working paper series No361, (2014)

[3]

Audretsch D., New firm survival and the technological regime, Review of Economics and Statistics, 73, pp. 411-450, (1991)

[4]

Technological regimes, industrial demography and the evolution of industrial structures, Industrial and Corporate Change, 6, pp. 49-82, (1997)

[5]

Autio E., Sapienza H., Almeida J., Effects of age at entry, knowledge intensity, and imitability on international growth, Academy of Management Journal, 43, pp. 909-924, (2000)

[6]

Aw B.Y., Roberts M., Xu D.Y., R&D investment, exporting, and productivity dynamics, American Economic Review, 101, pp. 1312-1344, (2011)

[7]

Bartelsman E., Scarpetta S., Schivardi F., Comparative analysis of firm demographics and survival: evidence from micro-level sources in OECD countries, Industrial and Corporate Change, 3, pp. 365-391, (2005)

[8]

Bollen K., Structural equations with latent variables, (1989)

[9]

Cassiman B., Golovko E., Martinez-Ros E., Innovation, exports, and productivity, International Journal of Industrial Organization, 28, 4, pp. 372-376, (2010)

[10]

Cavusgil T., Knight G., The born global firm: an entrepreneurial and capabilities perspective on early and rapid internationalization, Journal of International Business Studies, 46, pp. 3-16, (2014)

← 1 2 3 4 5 6 →