Export and variability in the innovative status

Identificador:  imarina:9287843

Handle: https://hdl.handle.net/20.500.11797/imarina9287843

Autores:  Tomas-Porres, Josep; Segarra-Blasco, Agusti; Teruel, Mercedes

Resumen:
The nature of innovation persistence is still open to debate. In this paper, we attempt to shed some light to the topic by providing a novel analysis of the impact of exporting strategies on changes in innovative status. We derive exhaustive information regarding the innovative behavior of firms using a large sample extracted from the Spanish Technological Innovation Panel. Applying both a multinomial and a random-effects probabilistic approach, we observe that exporting experience is relevant to guarantee stability in innovation activities. However, firms exporting only to the EU are comparatively less persistent than those with a broader geographical range, as nearer and safer markets provide less incentives to innovation activities than engaging in broader commercial ventures.