Multidimensional innovation responses and foreign competition
利用乌拉圭制造业企业数据,研究中国加入WTO后出口激增带来的外国竞争如何影响企业创新,发现竞争加剧会减少创新投入和产出,且对集团企业影响更大,对高生产率和高技能劳动企业影响较小。
Abstract The dramatic increase in China’s exports after its accession to the World Trade Organization offers a window of opportunity for learning the innovative behavior of firms under competitive distress. Using manufacturing firm-level data, we quantify the effects of foreign competition on innovation in Uruguay. Our estimates show that a higher level of foreign competition reduces innovation inputs (acquisition of new machines, equipment, and software) and outputs (process and product innovations). These adverse effects are larger for firms in business groups and smaller for more productive firms and firms with more skilled labor.