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ETLA-Working-Papers-39.pdf
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📊 Size: 531 KB
📄 Pages: 13 pages
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The study finds that globalization increases the share of innovators within firms, with firms exposed to trade from China responding by increasing their investment in innovation. The research uses a fixed effects model to correct for endogeneity and considers variation in trade exposure from China during its entry to the world market. The main conclusion is that globalization leads to specialization in innovation, with firms in Northern Europe, such as Finland, focusing on innovative activities like design, while countries like China specialize in assembly and manufacturing.

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The study finds that globalization increases the share of innovators within firms, with firms exposed to trade from China responding by increasing their...

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  • File Format: PDF
  • File Size: 531 KB
  • Pages: 13
  • Language: EN
  • Total Downloads: 65
  • Last Updated: 1 week ago

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