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ITO Banri
Department Aoyama Gakuin University Department of Economics, College of Economics Position Professor |
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| Language | English |
| Publication Date | 2016 |
| Type | Academic Journal |
| Peer Review | Peer reviewed |
| Title | External R&D, Productivity, and Export: Evidence from Japanese firms |
| Contribution Type | Collaboration |
| Journal | Review of World Economics |
| Journal Type | Another Country |
| Volume, Issue, Page | pp.577-596 |
| Author and coauthor | Banri Ito and Ayumu Tanaka |
| Details | This study theoretically and empirically examines the productivity sorting pattern of the joint decisions related to research and development (R&D) strategies and exporting status using a simple theoretical framework that extends the firm heterogeneity model to account for both internal (a firm’s own R&D) and external (outsourcing R&D or technology purchase) R&D strategies. The empirical results from the nonparametric and semiparametric methods using Japanese firm-level data show that exporting firms engaged in R&D activities are more productive than non-exporters and exporters with no R&D, regardless of whether internal or external R&D strategy is adopted; further, exporters that employ both the R&D strategies are the most productive. The results suggest that the external R&D strategy is complementary to the in-house R&D strategy and is crucial for promoting the innovations of internationalized firms. |