Do R&D Investments Affect Export Performance?
AbstractThis paper analyses the role of R&D in the export behaviour of Danish firms. Export behaviour is defined as the likelihood of a firm being an exporter. In the theoretical part of the paper it is argued that export and being R&D active are endogenous with respect to each other, and an empirical model is formulated in order to estimate which factors affect the firm's export. It is argued that besides R&D, firm size, wages and a number of other firm-specific factors controlling for risks are highly important for the export performance. In the empirical part of the paper the model is tested on a sample of 3,500 Danish firms. Using a FIML estimation form in order to deal with endogeneity problems between the R&D and export decisions of the firms, the computation clearly verifies the theoretical model put forward. Moreover, R&D is an important factor for being an exporting firm.
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Bibliographic InfoPaper provided by University of Copenhagen. Department of Economics. Centre for Industrial Economics in its series CIE Discussion Papers with number 2002-09.
Length: 14 pages
Date of creation: Dec 2002
Date of revision:
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Web page: http://www.econ.ku.dk/cie/
More information through EDIRC
firm behaviour; export; R&D;
Find related papers by JEL classification:
- L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-04-02 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mogens Dilling-Hansen & Tor Eriksson & Erik Strøjer Madsen & Valdemar Smith, 1998. "Market Structure, Publicly and Privately Financed R&D Spending. Empirical Evidence for Denmark," CIE Discussion Papers 1998-20, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
- Claudio Bravo-Ortega & Jose Miguel Benavente & Álvaro González, 2013. "Innovation, Exports and Productivity: Learning and Self selection in Chile," Working Papers wp371, University of Chile, Department of Economics.
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"Does Innovation Cause Exports? Evidence from Exogenous Innovation Impulses and Obstacles Using German Micro Data,"
Econometric Society 2004 Australasian Meetings
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- Nguyen, Ngoc Anh & Pham, Quang Ngoc & Nguyen, Dinh Chuc & Nguyen, Duc Nhat, 2007.
"Innovation and Export of Vietnam’s SME Sector,"
3256, University Library of Munich, Germany.
- Stefan Lachenmaier & Ludger Woessmann, 2004. "Does Innovation Cause Exports? Evidence from Exogenous Innovation Impulses and Obstacles," CESifo Working Paper Series 1178, CESifo Group Munich.
- Ainura Uzagalieva & Evžen Kocenda & Antonio Menezes, 2010. "Technological Imitation and Innovation in New European Union Markets," CESifo Working Paper Series 3039, CESifo Group Munich.
- Abhigyan Sarkar, 2011. "An Analysis of Indian Export in Post-Liberalization Era," Annals - Economic and Administrative Series -, Faculty of Business and Administration, University of Bucharest, vol. 5(1), pages 207-220, December.
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