The objective of the paper is to examine the influence of innovation measures on the export intensity of Italian high technology small and medium firms. In fact, despite a growing number of empirical studies attempting to guide the approximation of the value of innovation and its relative impact on the export intensity, a distinction between innovation input and output indicators, both internal and external to the firms has not been clearly established. Drawing on the innovation and export management literature, we used a sample of Italian firms operating in the high tech settings within the manufacturing industry (HTSMEs). Applying a 3 years lag time approach, we ran various Tobit regression models. Our empirical results revealed that: (1) R&D employees do positively and significantly impact the export intensity of HTSMEs, whereas R&D expenditures do not; (2) the use of ‘Universities’ as external R&D partners has a positive influence on the export intensity of HTSMEs; (3) ‘Product innovations’ and the ‘Turnover derived from innovative activities’ positively and significantly affect the export intensity of firms in our sample
Innovation and export performance : a study of Italian high-tech SMEs / A. D'Angelo. - In: THE JOURNAL OF MANAGEMENT AND GOVERNANCE. - ISSN 1385-3457. - 14:(2010 Aug 05).
Innovation and export performance : a study of Italian high-tech SMEs
A. D'AngeloPrimo
2010
Abstract
The objective of the paper is to examine the influence of innovation measures on the export intensity of Italian high technology small and medium firms. In fact, despite a growing number of empirical studies attempting to guide the approximation of the value of innovation and its relative impact on the export intensity, a distinction between innovation input and output indicators, both internal and external to the firms has not been clearly established. Drawing on the innovation and export management literature, we used a sample of Italian firms operating in the high tech settings within the manufacturing industry (HTSMEs). Applying a 3 years lag time approach, we ran various Tobit regression models. Our empirical results revealed that: (1) R&D employees do positively and significantly impact the export intensity of HTSMEs, whereas R&D expenditures do not; (2) the use of ‘Universities’ as external R&D partners has a positive influence on the export intensity of HTSMEs; (3) ‘Product innovations’ and the ‘Turnover derived from innovative activities’ positively and significantly affect the export intensity of firms in our samplePubblicazioni consigliate
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