Why some firms persistently out-perform others
Investigating the interactions between innovation and exporting strategies
Bibliographic Data
| ID | 19034784 |
|---|---|
| Authors | Keiko Ito (0000-0001-7925-7228, corresponding author), Sébastien Lechevalier (0000-0002-1416-0342) |
| Year | 2010 |
| Volume | 19 |
| Issue | 6 |
| Pages | 1997-2039 |
| Publication date | 2010-11-11 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Industrial and Corporate Change (JOURNAL) |
| Journal identifiers | ISSN: 0960-6491 • E-ISSN: 1464-3650 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1093/icc/dtq056 |
| OpenAlex | W2018453274 |
| Language | EN |
| Citations received | 12 |
| References cited | 10 |
Although heterogeneity in the performance of firms is a well-established stylized fact, we still lack full understanding of its origins and the reasons why it persists. Instead of assuming that performance differences are exogenous, this article focuses on two endogenous strategies—innovation and global engagement—and interprets them as two ways to accumulate knowledge and improve firms’ capabilities. We are particularly interested in analyzing interactions between these strategies and their effect on firms’ performance. By using a firm-level panel dataset drawn from a Japanese large-scale administrative survey for the years 1994–2003, we first find that innovation and exporting strategies are characterized by complementarities, which define coherent productive models or patterns of learning. Second, we show that these different strategies lead to various performances in terms of productivity and survival. Third, by using a propensity score-matching approach, we show that these differences in performance are lasting. Overall, our article shows that the interaction of innovation and export investments is a source of permanent differences in performance among firms
Business · Economics · Economies of scale · Industrial organization · Macroeconomics · Microeconomics · Productivity · Propensity score matching · Stylized fact · Firm Innovation and Growth · Global trade and economics · International Business and FDI · Marketing
The importance of institutional and financial resources for export performance associated with technological innovation
Mutual Influence of Innovation and Human Capital on Regional Growth in Neighboring Countries
Discouraged exporters, regional resilience and the “Slow Burn” shock of Brexit
Exploring the Relation Between the Degree of Novelty of Innovations and User–Producer Interaction Across Different Income Regions
La grande transformation du capitalisme japonais (1980-2010)
Revisiting the role of service for manufacturing firm exports
Wage and Productivity Differentials in Japan - The Role of Labor Market Mechanisms
Wage and Productivity Differentials in Japan
Wage and Productivity Differentials in Japan
Introduction
The dynamics of exports and R&D in SMEs
Productivity growth persistence
Understanding Productivity
The Financing of Research and Development
The Diversity of Capitalism and Heterogeneity of Firms—A Case Study of Japan during the Lost Decade
Firm Heterogeneity, Exporting and Foreign Direct Investment
Innovation and Learning
Measuring and Explaining Management Practices Across Firms and Countries
| Citations per year | 0.75 |
|---|---|
| Citation span | 2010 - 2026 (17) |
| Highly cited | No |