Technology-related factors as determinants of export potential of Nigerian manufacturing firms
John Olatunji Adeoti
Structural Change and Economic Dynamics, 2012, vol. 23, issue 4, 487-503
Abstract:
A critical input that enables capacity for export is investment in technology at the firm-level. Using a survey data, this study investigates technology investments by firms in Southwest Nigeria and how technology investment related factors affect the export potential of firms. Results demonstrate that investments in technology are dominated by imported technologies, investments in ICTs are becoming widespread, and technology investments are not directly targeted at improving the export potential of firms. The results also showed that firm size has a strong positive relationship with export potential, and it is the most important factor that affects the export potential of firms. The coefficient of firm size is the only parameter estimate that is consistently statistically significant at 1% level for all four export models estimated. Other technology investment related factors that impact positively on export potential include skills intensity, investment in skills upgrading, and investment in quality management.
Keywords: Technology investment; Export; Manufacturing firms; Nigeria (search for similar items in EconPapers)
JEL-codes: D22 L16 L25 O14 O25 O33 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:23:y:2012:i:4:p:487-503
DOI: 10.1016/j.strueco.2011.05.001
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