Globalization and Innovation in Emerging Markets

• 成果类型: Article
• 署名作者: Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine
• 署名单位: University of California System; University of California Berkeley; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan
• 刊物名称: AMERICAN ECONOMIC JOURNAL-MACROECONOMICS
• ISSN/ISSBN: 1945-7707
• DOI: 10.1257/mac.2.2.194
• 发表日期: 2010
• 页码: 194-226
• 关键词: domestic firms; PRODUCTIVITY; COMPETITION; TRADE; QUALITY; LESSONS; GROWTH; panel

摘要

Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data from 27 emerging market economies, we estimate the effects of foreign competition and linkages with foreign firms on innovation by domestic firms. We provide robust evidence of a positive relationship between foreign competition and innovation, broadly defined. The supply chain of multinational enterprises and trade are also important channels. There is no evidence for an inverted U relationship between innovation and foreign competition. Moreover, the relationship between globalization and innovation does not differ across the manufacturing and service sectors.