PRODUCT INNOVATION AS THE CAUSE OF EXPORT PROPENSITY IN THE CAUCASUS: EMPIRICAL EVIDENCE FOR ARMENIA, AZERBAIJAN AND GEORGIA
Keywords:
innovation, export propensity, Armenia, Georgia, AzerbaijanAbstract
Despite the extensiveness and abundance of empirical research in the existing literature, there is no clear view or position with respect to the role of innovation in exporting, especially regarding the heterogeneous impacts of different types of innovations (product, process, organizational and marketing innovations) on exporting. The objective of this article is the empirical verification of innovation as the cause of export propensity in firms from the South Caucasian countries (Armenia, Azerbaijan and Georgia). The empirical investigation is based on the data collected by the Enterprise Survey (World Bank Microdata), conducted among companies located in the Southern Caucasus. Seven hundred and seventy-six
Downloads
References
See: J.P. Damijan, C. Kostevc, S. Polanec, “From Innovation to Exporting or Vice Versa?” The World Economy,Vol. 33, No. 3, 2010, pp. 374-398, available at [https://doi.org/10.1111/j.1467-9701.2010.01260].
See: A. Cieślik, Y. Qu, T. Qu, “Innovations and Export Performance: Firm Level Evidence from China,” Entrepreneurial Business and Economics Review, Vol. 6, No. 4, 2018, pp. 27-47, available at [https://doi.org/10.15678/ EBER.2018.060402].
See: S. Bertarelli, C. Lodi, “Innovation and Exporting: A Study on Eastern European Union Firms,” Sustainability, Vol. 10, No. 10, 2018, p. 3607, available at [https://doi.org/10.3390/su10103607].
See: L. Korganashvili, “Georgia in the World Merchandise Trade: Main Trends and Problems of Development,” European Journal of Economics and Business Studies, Vol. 4, No. 3, 2017, pp. 52-60, available at [https://doi.org/10.2478/ ejes-2018-0058].
See: A.N. Kiss, W.M. Danis, S. Cavusgil, “International Entrepreneurship Research in Emerging Economies: A Critical Review and Research Agenda,” Journal of Business Venturing, Vol. 27, No. 2, 2012, pp. 266-290, available at [https:// doi.org/10.1016/j.jbusvent.2011.09.004].
See: J.N. Edeh, D.N. Obodoechi, E. Ramos-Hidalgo, “E
See: J. Kaszowska-Mojsa, “Innovation Strategies of Manufacturing Companies during Expansions and Slowdowns,” Entrepreneurial Business and Economics Review, Vol. 8, No. 4, 2020, pp. 47-66, available at [https://doi.org/10.15678/EBER.2020.080403].
See: W.J. Bilkey, G. Tesar, “The Export Behavior of Smaller-Sized Wisconsin Manufacturing Firms,” Journal of International Business Studies, Vol. 8, 1977, pp. 93-98.
See: S. Tavassoli, “The Role of Product Innovation on Export Behavior of Firms: Is It Innovation Input Or Innovation Output That Matters?” European Journal of Innovation Management, Vol. 21, No. 2, 2018, pp. 294-314, available at [https:// doi.org/10.1108/EJIM-12-2016-0124].
See: K. Wach, “Innovative Behavior of High-Tech Internationalized Firms: Survey Results from Poland,” Entrepreneurial Business and Economics Review, Vol. 4, No. 3, 2016, pp. 153-165, available at [https://doi.org/10.15678/ EBER.2016.040311].
A. Zucchella, A. Siano, “Internationalization and Innovation as Resources for SME Growth in Foreign Markets: A Focus on Textile and Clothing Firms in the Campania Region,” International Studies of Management and Organization, Vol. 44, No. 1, 2014, pp. 21-41, available at [https://doi.org/10.2753/IMO0020-8825440102].
See: R. Basile, “Export Behavior of Italian Manufacturing Firms Over the Nineties: The Role of Innovation,” Research Policy, Vol. 30, No. 8, 2001, pp. 1185-1201.
See: J.A. Schumpeter, The Theory of Economic Development: An Inquiry into Pro
D. Dohse, A. Niebuhr, “How Di
See: B. Cassiman, E. Golovko, E. Martínez-Ros, “Innovation, Exports and Productivity,” International Journal of Industrial Organization, Vol. 28, No. 4, 2010, pp. 372-376, available at [https://doi.org/10.1016/j.ijindorg.2010.03.005].
See: S. Becker, P. Egger, “Endogenous Product Versus Process Innovation and Firm’s Propensity to Export,” Empirical Economics, Vol. 44, 2013, pp. 1-26, available at [https://doi.org/10.1007/s00181-009-0322-6].
See: D. Dohse, A. Niebuhr, op. cit.
See: J.P. Damijan, C. Kostevc, S. Polanec, op. cit.
See: I. D’Attoma, M. Ieva, “Determinants of Technological Innovation Success and Failure: Does Marketing Innovation Matter?” Industrial Marketing Management, Vol. 91, 2020, pp. 64-81, available at [https://doi.org/10.1016/j.indmarman.2020.08.015].
See: G. Azar, F. Ciabuschi, “Organizational Innovation, Technological Innovation, and Export Performance: The E
See: C. Pino, C. Felzensztein, A.M. Zwerg-Villegas, L. Arias-Bolzmann, “Non-Technological Innovations: Market Performance of Exporting Firms in South America,” Journal of Business Research, Vol. 69, No. 10, October 2016, pp. 4385- 4393, available at [https://doi.org/10.1016/j.jbusres.2016.03.061].
See: A. Amirbek, K. Makhanov, R. Tazhibayev, M. Anlamassova, “The Central Asian Countries in the Global Economy: The Challenges of Economic Integration,” Central Asia and the Caucasus, Vol. 21, Issue 1, 2020, pp. 90-101, available at [https://doi.org/10.37178/ca-c.20.1.09].
See: K. Bigos, A. Michalik, “The Influence of Innovation on International New Ventures’ Exporting in Central and Eastern Europe and Central Asia Countries,” Entrepreneurial Business and Economics Review, Vol. 8, No. 3, 2020, pp. 47-63, available at [https://doi.org/10.15678/EBER.2020.080303].
See: J. Hair, R.E. Anderson, R.L. Tatham, W.C. Black, Multivariate Data Analysis with Readings, Macmillan Publishing Company, New York, 1998.
See: Ibidem.
See: D.W. Hosmer, S. Lemeshow, R.X. Sturdivant, Applied Logistic Regression, John Wiley & Sons, Hoboken, 2013. 27 See: P. McCullagh, J.A. Nelder, Generalized Linear Models, Springer US, Boston, 1989; S. Sperandei, “Understanding Logistic Regression Analysis,” Biochemia Medica, Vol. 24, 2014, pp. 12-18, available at [https://doi.org/10.11613/bm.2014.003].
See: Oslo Manual: Guidelines for Collecting and Interpreting Innovation Data, 3rd Edition, OECD, Paris, 2005, available at [https://www.oecd-ilibrary.org/science-and-technology/oslo-manual_9789264013100-en].
See: Ibidem.
See: Oslo Manual: Guidelines for Collecting and Interpreting Innovation Data.
See: J. Hair, R.E. Anderson, R.L. Tatham, W.C. Black, op. cit.
See: B. Cassiman, E. Golovko, E. Martínez-Ros, op. cit.
See: S. Becker, P. Egger, op. cit.
See: A. Głodowska, M. Maciejewski, K. Wach, “How Entrepreneurial Orientation Stimulates Di
See: K. Bigos, A. Michalik, op. cit.
Downloads
Published
Issue
Section
License
Copyright (c) 2021 Author
This work is licensed under a Creative Commons Attribution 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
