The usefulness of State trade missions for the internationalization of firms: an econometric analysis
AbstractEmpirical studies on the usefulness of official visits (OVs) as a way to promote the internationalization of firms are scarce and it is often assumed from the political point of view that such visits have impacts that are as positive as they are immensurable. This study is centred on a relatively unexplored case (Portugal), in which OVs have become more and more visible to firms and to the public in general. By applying an econometric model, we seek to evaluate the importance regarding the structural characteristics of firms versus the characteristics of OVs, as to the way participants perceive the usefulness of official visits for promoting their firms and business in the markets visited. Based on 136 participations in 12 official visits which took place between 2005 and 2008, results indicate that the size of firms, foreign capital, export intensity, innovation intensity and experience in the market visited are statistically relevant variables in the assessment of the results and objectives of OVs
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Bibliographic InfoPaper provided by Gabinete de Estratégia e Estudos, Ministério da Economia e da Inovação in its series GEE Papers with number 0034.
Length: 20 pages
Date of creation: Feb 2011
Date of revision: Feb 2011
TState trade missions; usefulness; determinants; firms’ perceptions;
Other versions of this item:
- Ana Paula Africano & Aurora A.C. Teixeira & André Caiado, 2010. "The usefulness of State trade missions for the internationalization of firms: an econometric analysis," FEP Working Papers 361, Universidade do Porto, Faculdade de Economia do Porto.
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
- M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-02-26 (All new papers)
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