Innovation activities and learning processes in the crisis: evidence from Italian export in manufacturing and services

Abstract

Are there any factors driving firms' internationalization process other than productivity? By means of a firm-level dataset on manufacturing and production services sectors collected by MET, this paper investigates the export performance of enterprises in Italy in the aftermath of the recent economic crisis. Our results suggest that productivity is not the only (and most important) determinant in this matter. Innovation activity and learning processes are indeed pivotal in boosting enterprises to sell their products abroad and, to a certain extent, in backing their success on foreign markets. In particular, by estimating dynamic probability models as well as Tobit II-Heckman and two-part models, we provide evidence that firm's ability to learn from its past export experiences lowers international trade informal barriers, while its ability to learn thanks to regional and local industry spillovers is important in terms of both extensive and intensive performances on foreign markets.

Innovation drivers of external competitiveness in the great recession

“…We emphasize the importance of behavioral and strategic factors by looking at both their direct and indirect effects on export, and specifically model several dimensions of heterogeneity showing disproportionate effects for (ex ante) smaller and less productive companies. More in detail, we add to three distinct strands of literature: (i) the one focusing on the determinants of firm-level performance (for a review, see Audretsch et al 2014 ), (ii) the one dealing with the heterogeneous distribution of performance indicators and exploring the company-level idiosyncratic characteristics which may lay behind such heterogeneity (Dosi et al 2012 ), and (iii) the empirical one investigating the peculiar characteristics of the Italian economy with an emphasis on the role of SMEs (Brancati et al 2018 ).…”

“…When SMEs represent the dominant share of the industrial structure, the attention on those displaying resilience and dynamism is even more important. Often financially constrained and lacking the necessary technological and organizational capabilities, SMEs are more likely—as compared to large companies—to fail in trying to meet markets where demand continues to be dynamic despite the crisis (Coad 2009 ; Brancati et al 2018 ). On the other hand, profiling (i.e., identifying key characteristics and performance’s determinants) and supporting those SMEs capable to adjust their strategies and grow even in times of crisis represent crucial policy tasks in economies where firms are prevalently small.…”

Deficiencies in the Legislative Support of Innovative Activities in Contemporary Russia and Ways of Addressing them

“…Поэтому функции по преодолению коррупционных барьеров возлагаются на самостоятельные направления противодействия преступности, предусматривающие специфические способы воздействия на деформации процессов детерминации инновационной деятельности в экономике, с одной стороны, и на снижение коррупциогенности этих процессов -с другой. субъектами, а не весь срок подготовки необходимых документов 9 .…”

“…Выявленные проблемы существующего нормативно-правового обеспечения построения инновационной экономики в России нами систематизированы и представлены в таблице. 9 Как зарегистрировать права на объекты интеллектуальной собственности. URL: http://www.patentrus.ru/doc/registraciya-intellektualnoji-sobstvennosti.…”

Corruption Component of Innovative Activities

“…Проведенный обзор существующих научных исследований и публикаций по поставленной в данной работе проблеме продемонстрировал высокую степень ее изученности. В частности, исследованию концепции инновационной экономики посвящено множество трудов современных авторов [1][2][3][4][5][6][7][8][9][10][11][12][13][14]. Коррупционная составляющая социально-экономического развития современных хозяйственных систем с акцентом на Россию проанализирована в [15][16][17][18][19][20][21][22][23][24].…”