Internal and External Knowledge Sources of New Export Products
AbstractThis study examines how firms’ internal and external knowledge sources affect the introduction of new export products with regard to value, number, average unit price and average quantity. Previous studies of this kind suggest that firms’ export performance is influenced by internal knowledge, and the knowledge potential in the local and regional environment. In the present study the knowledge milieu of the exporting firm is the local and regional knowledge potential that is represented by the presence of Knowledge-Intensive Manufacturing Industries (KIMI). The empirical analysis demonstrates that a firm’s internal knowledge has a positive effect on the value, number, average unit price, and average quantity of new export products. The knowledge milieu of the exporting firm, represented by the access to local and intra-regional KIMI-employment, has: i) a negative effect on the value and the average quantity, and ii) a positive effect on the number and the average unit price, of new export products, respectively.
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Bibliographic InfoPaper provided by Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies in its series Working Paper Series in Economics and Institutions of Innovation with number 331.
Length: 18 pages
Date of creation: 28 Nov 2013
Date of revision:
Contact details of provider:
Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden
Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/
More information through EDIRC
New export products; accessibility; manufacturing; knowledge; human capital;
Find related papers by JEL classification:
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
- R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-12-06 (All new papers)
- NEP-CSE-2013-12-06 (Economics of Strategic Management)
- NEP-INT-2013-12-06 (International Trade)
- NEP-KNM-2013-12-06 (Knowledge Management & Knowledge Economy)
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