Title: Innovation and Bilateral Export Performance: Evidence from Intra-European Manufacturing Trade
Authors: Van Hove, Jan # ×
Issue Date: 2010
Publisher: International Sciences Press
Series Title: International Journal of Economic Issues vol:3 issue:2 pages:261-299
Abstract: We study the determinants of bilateral export performance within 11 Europan Union member states. Although this paper focuses on the role of technological innovation, as measured by R&D expenditures and patent grants in the U.S. market, it also takes into account alternative explanations of trade. Technological performance is measured relative to both the destination market and other European competitors. The findings show that bilateral export performance can be explained by a combination of factors. Innovation appears to be important at the overall level and for high-tech sectors in general. We obtain, however, only limited evidence that innovation improves export performance within individual manufacturing sectors. The latter causes doubts about sector-specific innovation strategies. Instead an overall stimulation of innovation seems a more appropriate policy, in particular in times of economic crisis.
ISSN: 0974-603X
VABB publication type: VABB-1
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Department of Economics, Leuven - miscellaneous
Research Center of International Economics, Leuven
Research Centre for Globalization, Innovation and Competition, Campus Brussels (-)
Faculty of Economics and Business (FEB) - miscellaneous
Department of ECON-CEDON, Campus Brussels
× corresponding author
# (joint) last author

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