R&D and the Export Decision of New Firms

Southern Economic Journal - Tập 78 Số 1 - Trang 191-210 - 2011
Charles Braymen1, Kristie Briggs2, Jessica Boulware1
1Department of Economics, Kansas State University, 327 Waters Hall, Manhattan, KS 66506, USA
2Department of Economics & Finance, Creighton University, 2500 California Plaza, Omaha, NE 68178, USA

Tóm tắt

Recent literature on the firm‐level decision to export has focused on identifying factors that influence the export decision by firms regardless of the number of years they have been in operation. This article, alternatively, examines the factors that influence new firms to export within the first four years of operation. The results support two key findings that have commonly emerged from entrepreneurial case studies: (1) There is a positive link between research and development (R&D) and early internationalization, and (2) international ties of managers, as is evidenced by the effect of foreign‐born owners, positively impact the firm's decision to export. The former result is the emphasis of this article. In addition, we find that innovation spillovers from neighboring firms impact the export decision of new firms that engage in R&D.

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Southern Economic Journal

Tập 78 Số 1

191-210

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