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on Economics of Strategic Management |
| By: | Amel Ben Abdesslem (LAREFI; University of Bordeaux, France); Raphaël Chiappini (Université Côte d'Azur; GREDEG CNRS) |
| Abstract: | This study empirically analyzes the effects of a cluster policy on firms' productivity, exports, employment and capital in the French optic/photonic industry. Exploiting firm-level data, we first analyze the selection process of the French cluster policy through a logit model, before combining a propensity score matching procedure and a differences-in-differences estimation in order to capture its impact on firms' performance in the optic/photonic industry. We first show that larger firms are more likely to be selected by the French public policy in the optic/photonic industry. Second, the firms that have received the competitiveness cluster label have become more productive. We also found a positive and significant impact of the public policy on exports, total fixed assets and employment, but no evidence has been found localization economies. Third, when compared to an industrial cluster that only benefits from agglomeration economies, we found that firms from the competitiveness clusters have experienced a labor productivity gain, greater employment, and an increase in total fixed assets. |
| Keywords: | Cluster policy, productivity, difference-in-difference, optic/phonotic industry |
| JEL: | L25 L52 R12 |
| Date: | 2016–09 |
| URL: | http://d.repec.org/n?u=RePEc:gre:wpaper:2016-26&r=cse |
| By: | Anna Gerke (Audencia Recherche - Audencia Business School); Geoff Dickson (AUT - Auckland University of Technology); Michel Desbordes (CIAMS - Complexité, Innovation, Activités Motrices et Sportives - UP11 - Université Paris-Sud - Paris 11, UP11 - Université Paris-Sud - Paris 11); Stephen Gates (Audencia Recherche - Audencia Business School) |
| Abstract: | This study investigates how interorganizational citizenship behavior influences the innovation process. By investigating interorganizational networks and relationships, we offer new perspectives on how these linkages can serve as sources of innovation that lever competitive advantage. We identified seven dimensions of citizenship, and analyzed them with regards to different phases of the innovation process (i.e., idea, invention, exploitation). We integrated the notions of cooperative and collaborative behavior as conditions for citizenship. Our qualitative investigation of the sailing industry cluster in New Zealand demonstrates the utility of citizenship to understand, access, and use external resources to innovate. We find that two dimensions of citizenship – advancement and altruism – are most prevalent during the entire innovation process. Citizenship tends to be embedded in collaborative linkages during the idea and invention phase, but cooperative linkages are sufficient to develop citizenship during the invention and exploitation phase. Further research is necessary to generalize the role of citizenship for the innovation process. |
| Keywords: | innovation, citizenship, cluster |
| Date: | 2016–06–01 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01337018&r=cse |
| By: | Ashok, Mona (Henley Business School); Narula, Rajneesh (Henley Business School); Martinez-Noya, Andrea (Spanish Ministry of Economy and Competitiveness) |
| Abstract: | Purpose: Despite the keen interest in radical and incremental innovation, few studies have tested the varying impact of firm-level factors in service sectors. This paper analyses how collaboration with existing and prospective users, and investments in knowledge management (KM) practices can be adapted to maximise the outputs of radical and incremental process innovation in a Knowledge-Intensive Business Service (KIBS) industry. Methodology: Original survey data from 166 Information Technology Service (ITS) firms and interviews with 13 executives provide the empirical evidence. PLS-SEM is used to analyse the data. Findings: Collaboration with different types of users, and investments in KM practices affect radical versus incremental process innovation differently. Collaboration with existing users influences incremental process innovation directly, but not radical innovation; and prospective user collaboration matters for radical, but not incremental innovation. Furthermore, for radical innovation, investments in KM practices mediate the impact of prospective user collaboration on innovation. Implications: While collaboration with existing users for incremental process innovations does not appear to generate significant managerial challenges, to pursue radical innovations firms must engage in intensive collaboration with prospective users. Higher involvement with prospective users requires higher investment in KM practices to promote efficient intra- and inter-firm knowledge flows. Originality: This study is based on a large-scale survey, together with management interviews. Radical and incremental innovations require engagements with different kinds of users in the service industry, and knowledge management tools. |
| Keywords: | user collaboration, existing and prospective users, incremental innovation, radical process innovation, KIBS firms, knowledge management, PLS-SEM |
| JEL: | O32 M15 F23 |
| Date: | 2016–08–19 |
| URL: | http://d.repec.org/n?u=RePEc:unm:unumer:2016039&r=cse |
| By: | Allan Webster (Bournemouth University, Executive Business Centre) |
| Abstract: | This study empirically examines the relationship between innovation and foreign ownership for a large sample of firms in 29 transitional countries, taken from the 2013 BEEPS survey. The analysis is based on two different aspects of FDI theory – technology transfer and strategic asset seeking (with respect to R&D). It finds that firms who innovate with respect to new products, new processes and new management techniques have, on balance, more foreign ownership than those who do not. The evidence supports a view that strategic asset seeking is associated with inward FDI. It also supports the view that technology transfer is also an important feature of the relationship between innovation and FDI in transitional countries. Of the two effects the technology transfer effect is of more consequence than the strategic asset seeking effect. |
| Keywords: | FDI; innovation; transition; firm; technology transfer; strategic asset seeking |
| JEL: | F23 O30 P20 |
| Date: | 2016–07 |
| URL: | http://d.repec.org/n?u=RePEc:bam:wpaper:bafes02&r=cse |
| By: | Vandenberg, Paul (Asian Development Bank Institute); Trinh, Long Q. (Asian Development Bank Institute) |
| Abstract: | The paper analyzes the link between human capital and firm-level productivity in five Asian countries. It draws on a dataset of over 4,000 enterprises and considers both the prior educational attainment of workers and in-service training programs of enterprises. Differences between small, medium-sized, and large enterprises and between countries are also presented. The key finding is that both preservice education and in-service training are positively correlated with labor productivity. The productivity of small and medium-sized enterprises (SMEs) is enhanced by a higher level of skills and education of the workforce, just as it is with large firms. However, there are country differences. The policy implications are that competitiveness is enhanced both by raising the general level of education in the workforce and by encouraging enterprise-based training programs. |
| Keywords: | SME; human capital; firms; enterprises; services; productivity; skills; education; in-service training; labor; workforce; competitiveness; enterprise-based training; People’s Republic of China; Indonesia; Malaysia; Thailand; Viet Nam |
| JEL: | D22 D24 J24 |
| Date: | 2016–09–12 |
| URL: | http://d.repec.org/n?u=RePEc:ris:adbiwp:0582&r=cse |
| By: | Toshihiro Okubo (Faculty of Economics, Keio University); Tetsuji Okazaki (Faculty of Economics, The University of Tokyo); Eiichi Tomiura (Graduate School of Economics, Hitotsubashi University) |
| Abstract: | Cluster policy is designed to facilitate inter-firm networking. We examine industrial clusters in Japan based on firm-level transaction data. Firms in clusters expand transaction networks at a higher speed, but significantly only with firms in the agglomerated core Tokyo, not with local firms within the same region. We confirm the robustness by regional historical background as instruments. By disaggregating firms by their main bank types, we find that cluster firms expanding networks are mainly financed by regional banks, not by banks with nation-wide operations. This suggests the importance of intensive relationship with the main banks for inter-firm network formation. |
| Keywords: | cluster policy, transaction network |
| JEL: | O25 R11 R38 R58 |
| Date: | 2016–08–01 |
| URL: | http://d.repec.org/n?u=RePEc:keo:dpaper:2016-019&r=cse |
| By: | Pietro de Matteis (Banca d'Italia); Filomena Pietrovito (Università degli Studi del Molise); Alberto Franco Pozzolo (Università degli Studi del Molise) |
| Abstract: | It is frequently argued that the geographical context in which firms operate can have a crucial impact on their propensity to internationalize. In this paper, we present the results of an empirical analysis that examines the determinants of export performance for a sample including more than 4,300 Italian manufacturing firms over the period 2000-2013, focusing on the role of provincial context, after controlling for firm-level characteristics. To this end, we first adopt a cluster analysis methodology to classify each Italian province in terms of context variables, such as: the distance to foreign markets, the level of human and social capital and the degree of efficiency of the public administration. Second, we estimate a set of binomial choice and linear models to assess the impact of the economic and social environment on the extensive and intensive margins of trade. The results, after confirming that firm-specific factors (size, experience, productivity, capital intensity, innovation, geographical agglomeration and, to some extent, credit constraints) affect both the intensive and the extensive margins of exports, show that context characteristics at the province level have an additional (statistically and economically) significant impact on the export performances of firms. |
| Keywords: | firm internationalization, local context, firm heterogeneity |
| JEL: | D22 F10 F14 F18 |
| Date: | 2016–09 |
| URL: | http://d.repec.org/n?u=RePEc:bdi:opques:qef_352_16&r=cse |
| By: | Thanh Le (The University of Queensland [Brisbane]); Cuong Le Van (IPAG BUSINESS SCHOOL - IPAG BUSINESS SCHOOL PARIS, CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics) |
| Abstract: | This paper discusses the impact of trade liberalisation and R&D policies on exporting firms' incentive to innovate and social welfare. Key factors determining the government's optimal policy are the strength of R&D spillover effect and the toughness of firm competition. When firms only compete in an overseas market, the optimal policy is to tax R&D. Trade liberalisation in the overseas market induces a higher R&D tax rate to be imposed on firms. When firms also conduct business in the home market, the government should financially support firms' R&D. Trade liberalisation always increases firms' output sales, R&D investments, and social welfare. |
| Keywords: | Trade,R&D spillovers,subsidies,welfare,process innovation |
| Date: | 2016–03 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:halshs-01314650&r=cse |
| By: | Karbowski, Adam |
| Abstract: | This paper focuses on the organization of R&D cooperation of firms. With respect to market relations between cooperating entities one can distinguish horizontal, vertical as well as institutional R&D cooperation of firms. With respect to organizational mode of cooperation one can distinguish R&D contracts, license agreements, non-controlling investments, joint R&D as well as research joint ventures (RJVs). All listed above forms of R&D cooperation were briefly characterized in this work. In further part of the paper the problem of organization of R&D cooperation of firms was elaborated in the light of managerial economics and new institutional economics. The institutional – managerial strand of literature perceives the organization of interfirm cooperation as a central issue. This strand of literature allows to perceive interfirm R&D cooperation as heterarchy, for which trust is a key mechanism of coordination. In this context the game-theoretic concept of trust (proposed first by Cabral, 2005) applicable to the analysis of firms’ relations and behavior within the network was presented. |
| Keywords: | organization, cooperation, research and development, networks, trust |
| JEL: | L22 L24 O32 |
| Date: | 2016–05 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:73604&r=cse |
| By: | Lascaux, Alexander (Russian Presidential Academy of National Economy and Public Administration (RANEPA)) |
| Abstract: | Optimal radius of trust means that firms involved in strategic collaboration maintain relationships which balance both socially embedded ties with traditional partners and connections with companies that possess important new knowledge and technological know-how. Both insufficient and excessive levels of trust harm strategic interests of the parties to interfirm collaboration. In this paper, I explore a range of factors influencing the emergence and evolution of trusting relationships in strategic alliances. |
| Keywords: | trust, strategic collaboration, alliances |
| Date: | 2016–06–16 |
| URL: | http://d.repec.org/n?u=RePEc:rnp:wpaper:1665&r=cse |
| By: | FARAYIBI, Adesoji |
| Abstract: | The study examined the impact of the quality of service delivery on customer satisfaction in the Nigerian banks using Ordinary Least Square (OLS) methodology. The study established a relationship between better banks performance in service delivery and customer satisfaction through effective customer relationship management (CRM). Findings revealed that increase in the number of working days and number of bank branches led to better levels of customer satisfaction. Empirical evidence also revealed that increase in PROFIT margin is a function of improved level of customer satisfaction while number of bank branches (NNB) has a positive but insignificant relationship with customer satisfaction because the spread of branch networks or channels has better effects on customer satisfaction than number of banks. It also emphasized the role of the number of working days in achieving better bank services and profitable customer relationship management. The study thus recommends that the Nigeria banking industry should improve the quality of service delivery as it is a prerequisite for achieving a high level of customer satisfaction. |
| Keywords: | Service Delivery, Customer Satisfaction, Nigerian Banks, Bank Branches, Profit Margin. |
| JEL: | L80 L89 |
| Date: | 2016–09–06 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:73612&r=cse |
| By: | de Avila Santos, João Heitor; de Barcellos, Marcia Dutra; Sauvée, Loïc |
| Abstract: | The way the firm uses its technological resources and competences, the ability to combine/recombine components, methods, processes and techniques to offer products and services plays a central role on the innovation process (AFUAH, 2002). As Indarti (2010) points out, the interactions are a key element in the process of gaining access to, acquire, and develop knowledge for the stimulation of a firm’s activities in the field of innovation. From the intra‐firm perspective, to innovate, Paruchuri (2010) argues that a firm that can improve the diffusion of knowledge internally will benefit from enhanced innovative activity. Aalbers (2015) reflecting on the governance of knowledge sharing inside organizations, suggest that knowledge may come to be difficult to transfer because of the boundaries dynamics. In light of these authors insights the aim of this paper is to present an overview of the research regarding Interactions, Innovation and Intra‐firm Coordination. For that, we performed a bibliometrics study within the Web of Science (WoS) and the Elsevier’s Scopus libraries. A final sample of 111 papers were built after several refinements. The results suggest a growing tendency of the publications on the subject. The most cited papers have a gap of almost twelve years in between it, which shows that the construction of knowledge, about the topics innovation interactions and intra‐firm coordination are still attached to what was published a long time ago, for the initiators of this research field, but the works of Dolfsma et al (2008) and Leendert et al (2015) shows us a new trend and that new researchers are using these brand new works as references to perform new studies. |
| Keywords: | Innovation, Interactions, Coordination, Intra‐firm, Bibliometrics, Agribusiness, |
| Date: | 2016–05 |
| URL: | http://d.repec.org/n?u=RePEc:ags:iefi16:244543&r=cse |
| By: | Andrew B. Bernard; Andreas Moxnes; Yukiko U. Saito |
| Abstract: | This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to search more and find better suppliers. This in turn drives down the firm’s marginal production costs. We test the theory by exploiting the opening of a high-speed (Shinkansen) train line in Japan which lowered the cost of passenger travel but left shipping costs unchanged. Using an exhaustive dataset on firms’ buyer-seller linkages, we find significant improvements in firm performance as well as creation of new buyer-seller links, consistent with the model. |
| Keywords: | production networks; trade; productivity; infrastructure |
| JEL: | D85 F14 L10 L14 R12 |
| Date: | 2016–06 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:67664&r=cse |
| By: | Nomaler, Onder (UNU-MERIT, and Eindhoven University of Technology); Verspagen, Bart (UNU-MERIT, and Maastricht University, SBE) |
| Abstract: | We bring together the topics of geographical clusters and technological trajectories, and shift the focus of the analysis of regional innovation to main technological trends rather than firms. We define a number of inventive clusters in the US space and show that long chains of citations mostly take place between these clusters. This is reminiscent of the idea of global pipelines of knowledge transfer that is found in the geographical literature. The deep citations are used to identify technological trajectories, which are the main directions along which incremental technological progress accumulates into larger changes. While the origin and destination of these trajectories are concentrated in space, the intermediate nodes travel long distances and cover many locations across the globe. We conclude by calling for more theoretical and empirical attention to the "deep rivers" that connect the "high mountains" of local knowledge production. |
| Keywords: | patent citations, regional concentration of inventive activities, technological trajectories, regional clusters, technological trends |
| JEL: | O33 O31 R11 |
| Date: | 2016–09–14 |
| URL: | http://d.repec.org/n?u=RePEc:unm:unumer:2016048&r=cse |
| By: | Chu, Angus C.; Cozzi, Guido; Pan, Shiyuan; Zhang, Mengbo |
| Abstract: | This study explores the effects of patent protection in a distance-to-frontier R&D-based growth model with financial frictions. We find that whether stronger patent protection stimulates or stifles innovation depends on credit constraints faced by R&D entrepreneurs. When credit constraints are non-binding (binding), strengthening patent protection stimulates (stifles) R&D. The overall effect of patent protection on innovation follows an inverted-U pattern. An excessively high level of patent protection prevents a country from converging to the world technology frontier. A higher level of financial development influences credit constraints through two channels: decreasing the interest-rate spread and increasing the default cost. Via the interest-spread (default-cost) channel, patent protection is more likely to have a negative (positive) effect on innovation under a higher level of financial development. We test these results using cross-country regressions and find supportive evidence for the interest-spread channel. |
| Keywords: | Patent protection, credit constraints, economic growth, convergence |
| JEL: | E44 O31 O34 |
| Date: | 2016–09 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:73630&r=cse |
| By: | SUZUKI Satoko; TAKEMURA Kosuke |
| Abstract: | Past research has shown mixed results for the effect of diversity toward innovation. We hypothesize that leadership is a key in its success. In particular, we focus on the leader's universal-diverse orientation. Team diversity could lead to low social integration which affects team creativity; however, leaders with a high universal-diverse orientation ("universal-diverse" leaders) moderate this relationship between social integration and creativity. The conceptual model is assessed using survey data of 41 teams from mid- and large-sized Japanese companies. The results show that diversity is negatively associated with a group's social integration, and that social integration has a positive effect on creativity. The results also indicate that the universal-diverse leader mitigates the negative relationship between diversity and creativity through decreased social integration. This research contributes to diversity and group performance literature in two ways. First, it identifies a new moderator in the relationship between diversity and group performance. Second, it connects two research streams: diversity and group performance literature and leadership literature. The findings of the study also provide implications for policy makers and managers. Today, in Japan, diversity is considered as a key for economic growth. Thus, Japanese government is enforcing policies that support Japanese firms to diversify, and the latter are increasing their efforts to diversify. However, in order to obtain positive effects of diversity on firm performance, it is not enough simply to diversify their organizations. It is also important to have the universal-diverse leaders manage the diversified groups. Hence, it is important for the government and companies to also increase efforts in educating leaders. Leaders need to have universal-diverse orientation, and they need to be able to understand people's similarities and differences and effectively manage the diverse groups. |
| Date: | 2016–09 |
| URL: | http://d.repec.org/n?u=RePEc:eti:dpaper:16086&r=cse |
| By: | Emmanuel Petrakis; Nikolas Tsakas |
| Abstract: | We investigate the effect of potential entry on the formation and stability of R&D networks considering farsighted firms. We show that the presence of a potential entrant often alters the incentives of incumbent firms to establish an R&D link. In particular, incumbent firms may choose to form an otherwise undesirable R&D collaboration in order to deter the entry of a new firm. Moreover, an incumbent firm may refrain from establishing an otherwise desirable R&D collaboration, expecting to form a more profitable R&D link with the entrant. Finally, potential entry may lead an inefficient incumbent to exit the market. We also perform a welfare analysisand show that market and societal incentives are often misaligned. |
| Keywords: | R&D Networks; Entry; Farsighted stability |
| JEL: | D85 L24 O33 |
| Date: | 2016–09 |
| URL: | http://d.repec.org/n?u=RePEc:ucy:cypeua:08-2016&r=cse |
| By: | Calza, Elisa (UNU-MERIT); Goedhuys, Micheline (UNU-MERIT) |
| Abstract: | Entrepreneurship is the object of renewed and increasing attention, not only by academics, but also by policy makers worldwide. This interest partly results from a positive perception of entrepreneurship as a driver of economic growth, and the urgency for policy makers to find ways to stimulate and sustain economic growth, in developed as well as in developing countries. This trend raises the need to have a clear understanding of the role of entrepreneurship in the economy and society. This paper acknowledges that there is a large heterogeneity across entrepreneurs in their ability to contribute to economic growth. We present insights from macro-economic studies supporting this statement. We next take a micro perspective and discuss the evidence based literature to identify the critical factors and entrepreneur characteristics that can lead to entrepreneurial success and contribute to growth. This discussion serves as a framework against which we reflect on the rationales and effectiveness of entrepreneurial policies in developing countries. |
| Keywords: | entrepreneurship, firm growth, development policy |
| JEL: | O12 O20 L26 |
| Date: | 2016–08–29 |
| URL: | http://d.repec.org/n?u=RePEc:unm:unumer:2016043&r=cse |
| By: | Luhmann, Henrike; Schaper, Christian; Theuvsen, Ludwig |
| Abstract: | As a major agricultural subsector, milk production plays an important role in the EU 28. Political decisions such as the aboli-tion of the milk quota system in 2015, highly volatile milk prices and fierce international competition have led to challenges for both farmers and dairies and a need to improve competitiveness. The concept of sustainability in the form of a produc-tion standard can be seen as a means for both dairy farmers and dairies to gain competitive advantages and meet stake-holders’ demands. Farmers’ acceptance of a sustainability standard is an important factor for its successful implementation. Therefore, future-oriented farmers are an important target group for dairies. This study investigates future-oriented dairy farmers’ acceptance of a comprehensive sustainability standard and, based on their responses, categorizes farmers into three different clusters: ‘halfhearted sustainability proponents’, ‘highly dedicated sustainability proponents’ and ‘profit-oriented sustainability refusers’. Further analysis provides insights into the determinants of farmers’ acceptance of a sus-tainability standard. The results of this study provide manifold starting points for deriving managerial implications for dair-ies and the implementation of sustainability standards. |
| Keywords: | Agribusiness, Farm Management, |
| Date: | 2016–05 |
| URL: | http://d.repec.org/n?u=RePEc:ags:iefi16:244538&r=cse |
| By: | ITO Koji; ZHU Lianming; YUKIMOTO Tadashi |
| Abstract: | Foreign production and sales of Japanese multinational firms are factors that may have impeded the recovery of Japanese exports experienced since 2010 after the world financial crisis. By applying the two-stage least squares method for the matched panel data of the Basic Survey of Japanese Business Structure and Activities, Survey of Overseas Business Activities, and Census of Manufacture and Economic Census for Business Activity from 2000 to 2012, this paper estimates two gravity equations for exports and foreign sales of Japanese manufacturing multinational firms simultaneously and analyzes what has caused Japanese exports to fall in the 2010s. The result of the estimation indicates exports are affected positively by foreign sales and negatively by foreign markets and exchange rates while foreign sales are affected positively by exports and foreign markets and negatively by exchange rates. The result implies that inactive foreign sales of multinational firms as well as appreciation of the Japanese yen and recovery of foreign markets have induced the stagnation of Japanese exports in the 2010s. |
| Date: | 2016–08 |
| URL: | http://d.repec.org/n?u=RePEc:eti:rdpsjp:16049&r=cse |
| By: | Esteban Jaimovich (University of Surrey) |
| Abstract: | We propose a demand-driven growth theory where process innovations and product innovations fulfil sequential roles along the growth path. Process innovations must initially set the economy on a positive growth path. However, process innovations alone cannot fuel growth forever, as their benefits display an inherent tendency to wane. Product innovations are therefore also needed for the economy to keep growing in the long run. When the economy fails to switch from a growth regime steered by process innovation to one driven by product innovation, R&D effort and growth will eventually come to a halt. However, when the switch to a product innovation growth regime does take place, a virtuous circle gets ignited. This happens because product innovation effort not only keeps growth alive when incentives to undertake process innovation diminish, but it also regenerates profit prospects from further process innovation effort. |
| JEL: | O30 O31 O41 |
| Date: | 2016–07 |
| URL: | http://d.repec.org/n?u=RePEc:sur:surrec:1016&r=cse |
| By: | Kalenjyan, S. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Solntsev, V.I. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Vardapetyan, V.V. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Gumilevskaya, Olga (Russian Presidential Academy of National Economy and Public Administration (RANEPA)) |
| Abstract: | The description of the approaches to the formation of the complex methods and tools for designing strategic plans for the cluster and innovation development of the regions to improve the efficiency of regional development programs in accordance with the system of multi-level priorities. Proposed methodology for assessing the quality and level of innovation and cluster development of regions on the basis of studying the experience of the individual regions of Russia and Kazakhstan. The results can be used to improve the work of regional and federal levels of strategic planning in the Russian Federation. |
| Keywords: | cluster development, innovation development, Russia, Kazakhstan |
| Date: | 2016–06–28 |
| URL: | http://d.repec.org/n?u=RePEc:rnp:wpaper:2863&r=cse |
| By: | Evangelia Leda Pateli |
| Abstract: | In this paper I investigate the relevance and explore the nature of import spillovers on the firms' decision to start importing using an exceptionally detailed data set on Swedish firms' imports, at the product-level and by source-country, spanning the period between 1997 and 2011. I study whether the presence of established importers located in the same area and/or operating in the same industry influences the import behavior of individual firms. The import side of trade has received relatively less attention in the literature and this tendency carries over to the study of spillovers that have mainly been researched from the exporters' perspective. There are however reasons to believe that import spillovers are indeed a relevant phenomenon. This paper bridges the gap in the literature and further contributes to the understanding of import spillovers by laying out a theoretical framework that formalizes the main forces at play. I develop a model for firms' import decisions featuring heterogeneous firms, product and country specific fixed costs of sourcing while additionally accommodating spillovers. To the best of my knowledge, this is one of only a handful of papers to study spillovers for import activities, and the first to provide theoretical insights for this mechanism. |
| Keywords: | importers; spillovers |
| JEL: | R14 J01 |
| Date: | 2016–06 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:67672&r=cse |