Vuong, Van Anh; Peters, Bettina; Roberts, Mark - 2015
&D investment leads to a higher rate of product and process innovation among exporting rms and these innovations have a larger … impact on productivity improvement in export market sales. As a result, exporting rms have a higher payo from R&D investment … productivity growth. The endogenous investment in R&D is an important mechanism that leads to a divergence in the long …