Innovation activities and Italian SMEs' exports decisions: a multi-treatment analysis

Piergiuseppe Morone, Francesco Renna and Giuseppina Testa

International Journal of Globalisation and Small Business, 2013, vol. 5, issue 4, 256-272

Abstract: This study aims at estimating the effect of innovation on export growth for a sample of Italian small and medium size manufacturing firms. We define two classes of innovation, namely technological and non-technological. For each class of innovation, we use a propensity score matching strategy to assess if innovating in period t - 1 led to an increase in firms' probability of seeking for new exporting markets in period t + 1. Moreover, we assess the combined effect of both classes of innovation upon the probability of seeking for new markets. We found that both technological and non-technological innovations increases the probability that a firm will plan to look for new markets abroad, the former type of innovation being, on average, twice as relevant as the latter. Moreover, we found evidence that these are complementary activities, which are more effective on future exports decisions when combined.

Keywords: exports; innovation; small and medium-sized enterprises; manufacturing SMEs; propensity score matching; PSM; Italy; export decisions; export growth. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=56810 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijgsbu:v:5:y:2013:i:4:p:256-272

Access Statistics for this article

More articles in International Journal of Globalisation and Small Business from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().