Trade and innovation: Unraveling a complex nexus
Trade and innovation: Unraveling a complex nexus作者机构:Department of EconomicsSam M.Walton College of BusinessUniversity of ArkansasFayettevilleAR72701USA
出 版 物:《International Journal of Innovation Studies》 (国际创新研究学报(英文))
年 卷 期:2021年第5卷第1期
页 面:23-34页
学科分类:120202[管理学-企业管理(含:财务管理、市场营销、人力资源管理)] 12[管理学] 02[经济学] 0202[经济学-应用经济学] 1202[管理学-工商管理] 020206[经济学-国际贸易学]
主 题:Trade Innovation Product innovation Process innovation
摘 要:This paper reviews the theoretical and empirical economic literature on the innovation effect of international trade. To this end, we focus on technological innovation that targets product characteristics. We highlight three main channels through which international trade can affect innovation by domestic firms:increasing market size, intensifying market competition and facilitating foreign sourcing. While the market size effect of trade on domestic innovation is found to be predominantly positive, the effects of market competition and foreign sourcing are ambiguous and can depend on a variety of factors. Moreover, the impact of trade on innovation is likely heterogeneous across firms.