When countries are asymmetric, trade with heterogeneous firms can crowd in, rather than crowd out, less productive firms, and less productive firms almost always specialize in export. Whether and how these phenomena will arise depends on a country’s standing in the world. Our study helps...

"Innovation and international trade are two important drivers of economic growth. These two activities perform differently under different types of market competition. This book - a collection of several important research publications by Larry D Qiu - discusses innovation and international...