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Title: | The Relationship Between R&D and Exports in Goods and Services of Firms in the Netherlands: An Empirical Analysis | Authors: | Rud, Iryna VANCAUTEREN, Mark van Roekel, Hendrik W. H. Polder, Michael |
Issue Date: | 2023 | Publisher: | SPRINGER | Source: | Journal of Industry Competition & Trade, | Status: | Early view | Abstract: | This study investigates the relationship between R&D investments and exports of firms in the Netherlands. The results reveal complementarity between these two activities. The channel from exports to R&D appears to be stronger than the other way around. Comparing sectors, the results point out that complementarity is particularly salient among non-manufacturing firms. Differences in this relationship are also found by the type of export: service exports and R&D reinforce each other, whereas in the case of goods exports a positive effect was observed only from exports to R&D, but not in the opposite direction. Furthermore, exports of domestically produced goods (as opposed to re-exports), and exports to non-EU countries (as opposed to exports to EU countries), are found to be strongly positively related to R&D investments. Finally, looking across firm characteristics we conclude that (i) investing in R&D has higher returns in terms of export value for more productive firms; (ii) SME firms investing in R&D get more returns in terms of export than larger firms; (iii) export activities have a stronger effect on R&D investments for larger firms. Overall, our findings highlight the importance of considering spillover effects between R&D investments and export activities in designing policies related to R&D and international trade. | Notes: | Rud, I (corresponding author), Stat Netherlands CBS, The Hague, Netherlands. iv.rud@cbs.nl |
Keywords: | Businesses;International trade;R&D;Productivity;Innovation | Document URI: | http://hdl.handle.net/1942/41855 | ISSN: | 1566-1679 | e-ISSN: | 1573-7012 | DOI: | 10.1007/s10842-023-00405-2 | ISI #: | 001090401200001 | Rights: | The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2023 | Category: | A1 | Type: | Journal Contribution |
Appears in Collections: | Research publications |
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