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Innovative efforts and export market survival: Evidence from an emerging economy

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  • Reddy, Ketan
  • Sasidharan, Subash

Abstract

We examine the role of innovation on the export market survival of Indian manufacturing firms. To achieve this objective, we source information on 1424 firms from the CMIE-Prowess database over 2001–2018. We find that firms investing in R&D experience a lower probability of exiting from export markets. In addition, multiple sub-sample analyses indicate the significance of R&D for small and medium firms export market survival. The findings are robust to endogeneity concerns.

Suggested Citation

  • Reddy, Ketan & Sasidharan, Subash, 2023. "Innovative efforts and export market survival: Evidence from an emerging economy," Technological Forecasting and Social Change, Elsevier, vol. 186(PA).
    • Handle: RePEc:eee:tefoso:v:186:y:2023:i:pa:s0040162522006308
    DOI: 10.1016/j.techfore.2022.122109
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    More about this item

    Keywords

    Exports; Research & development; Survival analysis;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • L6 - Industrial Organization - - Industry Studies: Manufacturing

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