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来源类型Working Paper
规范类型报告
DOI10.3386/w22840
来源IDWorking Paper 22840
The Impact of Emerging Market Competition on Innovation and Business Strategy
Lorenz Kueng; Nicholas Li; Mu-Jeung Yang
发表日期2016-11-21
出版年2016
语种英语
摘要How do firms in high-income countries adjust to emerging market competition? We estimate how a representative panel of Canadian firms adjusts innovation activities, business strategies, and exit in response to large increases in Chinese imports between 1999 and 2005. On average, process innovation declines more strongly than product innovation. In addition, initially more differentiated firms that survive the increase in competition have better performance ex-post, but are ex-ante more likely to exit. Differentiation therefore does not ensure insulation against competitive shocks but instead increases risk.
主题International Economics ; Trade ; Industrial Organization ; Firm Behavior ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w22840
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580514
推荐引用方式
GB/T 7714
Lorenz Kueng,Nicholas Li,Mu-Jeung Yang. The Impact of Emerging Market Competition on Innovation and Business Strategy. 2016.
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