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of export diversification: the degree of relatedness (similarity) and sophistication of new products in relation to …A stylised fact of the economic literature suggests that export diversification is good for economic growth and is … related and more sophisticated activities. We do so using a unique dataset that links data on exports, innovation and firms …
Persistent link: https://www.econbiz.de/10009320844
product trade data in the period 1995-2010. Our results show that relatedness is a stronger driver of diversification into new …. In particular, we found that the role of relatedness as driver of diversification into new sectors is stronger in the …The Varieties of Capitalism literature has drawn little attention to industrial renewal and diversification, while the …
Persistent link: https://www.econbiz.de/10010942927
product trade data in the period 1995-2010. Our results show that relatedness is a stronger driver of diversification into new …. In particular, we found that the role of relatedness as driver of diversification into new sectors is stronger in the …The Varieties of Capitalism literature has drawn little attention to industrial renewal and diversification, while the …
Persistent link: https://www.econbiz.de/10011251901
the period 1993-1996. Following a methodology developed by Teece et al (1994), the observed diversification patterns of … our sample firms provide the information required to construct an index of relatedness between pair of sectors, which is … in turn used to obtain a measure of firm’s coherence. The econometric analysis highlights that relatedness is higher when …
Persistent link: https://www.econbiz.de/10009386277
Who introduces structural change in regional economies: Entrepreneurs or existing firms? And do local or non-local firms and entrepreneurs create most novelty in a region? Using matched employer-employee data for the whole Swedish workforce, we determine how unrelated and therefore how novel the...
Persistent link: https://www.econbiz.de/10010757412
Drawing on the premise that the diversification decisions are driven by antecedent factors such as a firm's existing … type of diversification and mode of expansion decisions. We consider the specificity of antecedent resources that affect … jointly implying that one or both diversification decisions have to be sub-optimized (i.e., there has to be a trade-off). We …
Persistent link: https://www.econbiz.de/10009204584
Persistent link: https://www.econbiz.de/10005705067
This paper empirically investigates the determinants of R&D diversification strategies in the drug industry. It … enriches the existing literature by proposing to look at diversification factors, which reflect market and technological …&D diversification is governed by the economies of scope as well as the escape competition motive. Moreover, it is found that competition …
Persistent link: https://www.econbiz.de/10008481990
uses cross-industry labor flows to assess the skill-relatedness between industries. Industries classified in different … sectors of the economy sometimes exhibit strong skill-relatedness linkages. Also, industry space, i.e., the resulting network … that connects industries with overlapping skill requirements, is highly predictive of diversification moves on the part of …
Persistent link: https://www.econbiz.de/10005033460
The aim of this paper is to identify the refocusing and diversification movements using the Markides (1993, 1995) and …
Persistent link: https://www.econbiz.de/10010742027