Persistent Exporter Performance: The importance of internal, local and global knowledge

Hans Lööf (), Pardis Nabavi, Gary Cook () and Börje Johansson
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Gary Cook : University of Liverpool, Postal: Economics, Finance and Accounting Department

No 303, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

Abstract: In this paper we investigate how various innovation strategies, local knowledge sources and global knowledge pipe-lines influence the likelihood that a firm will be a persistent exporter and the productivity growth of such persistently exporting firms. Using a bivariate logit model and a dynamic GMM panel data estimator on Swedish manufacturing firms observed over 12 years, we find that the propensity to be a persistent exporter is strongly related to both highly frequent and more temporary innovativeness and the global openness of the regional industry in the firm’s own line of activity. The growth rate in total factor productivity of persistent exporters, however, increases with intensity of invention activities, accessibility to local business services and the openness of the same regional industry in which the firm operates.

Keywords: Invention; innovation; productivity growth; exports; spillovers; persistence (search for similar items in EconPapers)
JEL-codes: F21 O30 O31 R11 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2013-04-08
New Economics Papers: this item is included in nep-cse, nep-ino, nep-int, nep-knm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:cesisp:0303

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