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Innovation, trade, and finance
Egger, Peter; Keuschnigg, Christian - 2011
This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are...
Persistent link: https://www.econbiz.de/10010277410
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Endogenous product versus process innovation and a firm's propensity to export
Becker, Sascha O.; Egger, Peter - 2007
at the firm level. Product innovation is a key factor for successful market entry in models of creative destruction and … Schumpeterian growth. Process innovation helps securing a firm's market position given the characteristics of its product supply …. Both modes of innovation are expected to raise a firm's propensity to export. According to new trade theory, we conjecture …
Persistent link: https://www.econbiz.de/10010264061
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Endogenous product versus process innovation and a firm's propensity to export
Becker, Sascha O. (contributor); Egger, Peter (contributor) - 2007
Persistent link: https://www.econbiz.de/10003495613
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Innovation, trade, and finance
Egger, Peter; Keuschnigg, Christian - 2011
may be positive or negative, depending on foreign countries' trade position. -- innovation ; financial development ; R …
Persistent link: https://www.econbiz.de/10009240877