The effects of innovation on the decisions of exporting and/or importing in SMEs: empirical evidence in the case of Spain

This paper analyses the involvement of small firms in international trade activities by identifying the comprehensive impact of innovation. Specifically, we study how innovation introduced by these firms determines entrepreneurial decision-making process regarding whether to engage in exporting and/...

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Detalhes bibliográficos
Autores: Expósito García, Alfonso, Sanchís Llopis, Juan A.
Formato: informe técnico
Estado:Versión publicada
Fecha de publicación:2018
País:España
Recursos:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/100010
Acesso em linha:https://hdl.handle.net/11441/100010
Access Level:acceso abierto
Palavra-chave:Innovation
Exporting
Importing
SME
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repository_id_str
spelling The effects of innovation on the decisions of exporting and/or importing in SMEs: empirical evidence in the case of SpainExpósito García, AlfonsoSanchís Llopis, Juan A.InnovationExportingImportingSMEThis paper analyses the involvement of small firms in international trade activities by identifying the comprehensive impact of innovation. Specifically, we study how innovation introduced by these firms determines entrepreneurial decision-making process regarding whether to engage in exporting and/or importing. Moreover, we account for several innovation outputs (product, process, and organisational/managerial innovation) when estimating the potentially interrelated decisions of whether to export and/or import. Results confirm the simultaneity of firms’ exporting and importing decisions and consequently these two decisions should be estimated together when analysing the influence incurred by the introduction of alternative types of innovation on said decisions. Furthermore, findings show complementarity between types of innovation to be relevant in explaining export and import decisions made by SMEs. Specifically, cumulative effects as a result of combining product and process innovation, as well as of product, process and organisational innovation, are highly significant in explaining export decisions, while in the case of imports, the combination of product and organisational innovation is shown to be significant. These findings lead to major policy and managerial implications regarding the promotion of SMEs’ participation in international trade flows through alternative innovation strategies.Análisis Económico y Economía Política2018info:eu-repo/semantics/reportinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://hdl.handle.net/11441/100010reponame:idUS. Depósito de Investigación de la Universidad de Sevillainstname:Universidad de Sevilla (US)Ingléshttps://ideas.repec.org/p/eec/wpaper/1814.htmlinfo:eu-repo/semantics/openAccessoai:idus.us.es:11441/1000102026-06-17T12:51:07Z
dc.title.none.fl_str_mv The effects of innovation on the decisions of exporting and/or importing in SMEs: empirical evidence in the case of Spain
title The effects of innovation on the decisions of exporting and/or importing in SMEs: empirical evidence in the case of Spain
spellingShingle The effects of innovation on the decisions of exporting and/or importing in SMEs: empirical evidence in the case of Spain
Expósito García, Alfonso
Innovation
Exporting
Importing
SME
title_short The effects of innovation on the decisions of exporting and/or importing in SMEs: empirical evidence in the case of Spain
title_full The effects of innovation on the decisions of exporting and/or importing in SMEs: empirical evidence in the case of Spain
title_fullStr The effects of innovation on the decisions of exporting and/or importing in SMEs: empirical evidence in the case of Spain
title_full_unstemmed The effects of innovation on the decisions of exporting and/or importing in SMEs: empirical evidence in the case of Spain
title_sort The effects of innovation on the decisions of exporting and/or importing in SMEs: empirical evidence in the case of Spain
dc.creator.none.fl_str_mv Expósito García, Alfonso
Sanchís Llopis, Juan A.
author Expósito García, Alfonso
author_facet Expósito García, Alfonso
Sanchís Llopis, Juan A.
author_role author
author2 Sanchís Llopis, Juan A.
author2_role author
dc.contributor.none.fl_str_mv Análisis Económico y Economía Política
dc.subject.none.fl_str_mv Innovation
Exporting
Importing
SME
topic Innovation
Exporting
Importing
SME
description This paper analyses the involvement of small firms in international trade activities by identifying the comprehensive impact of innovation. Specifically, we study how innovation introduced by these firms determines entrepreneurial decision-making process regarding whether to engage in exporting and/or importing. Moreover, we account for several innovation outputs (product, process, and organisational/managerial innovation) when estimating the potentially interrelated decisions of whether to export and/or import. Results confirm the simultaneity of firms’ exporting and importing decisions and consequently these two decisions should be estimated together when analysing the influence incurred by the introduction of alternative types of innovation on said decisions. Furthermore, findings show complementarity between types of innovation to be relevant in explaining export and import decisions made by SMEs. Specifically, cumulative effects as a result of combining product and process innovation, as well as of product, process and organisational innovation, are highly significant in explaining export decisions, while in the case of imports, the combination of product and organisational innovation is shown to be significant. These findings lead to major policy and managerial implications regarding the promotion of SMEs’ participation in international trade flows through alternative innovation strategies.
publishDate 2018
dc.date.none.fl_str_mv 2018
dc.type.none.fl_str_mv info:eu-repo/semantics/report
info:eu-repo/semantics/publishedVersion
format report
status_str publishedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/11441/100010
url https://hdl.handle.net/11441/100010
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv https://ideas.repec.org/p/eec/wpaper/1814.html
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
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reponame_str idUS. Depósito de Investigación de la Universidad de Sevilla
collection idUS. Depósito de Investigación de la Universidad de Sevilla
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