Volume 8, Issue 27 (3-2017)
jemr 2017, 8(27): 85-122 |
Back to browse issues page
Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:
Shahabadi A, Samari H. Effective Factors on High-Tech Exports: Using Simultaneous Equations System. jemr 2017; 8 (27) :85-122
URL: http://jemr.khu.ac.ir/article-1-990-en.html
URL: http://jemr.khu.ac.ir/article-1-990-en.html
1- Faculty of Bu-Ali Sina University , shahabadia@gmail.com
2- Faculty of Bu-Ali Sina University
2- Faculty of Bu-Ali Sina University
Abstract: (8272 Views)
Always new technologies exports have been regarded as a competitive advantage and it implies the dynamism and cohesion of the economy and its special position in the global markets. Lack of innovation is one of the main factors affecting the country's high-tech exports. And until innovation and training to use of knowledge do not improve, efficiency and effectiveness of other production factors will remain low. So, the aim of this paper is to evaluate the effect of innovation on high technology exports in selected developing and developed countries during the period 2007-2013, using panel data approach and simultaneous equations system. Estimates of general model in developing countries expresses that the coefficients of global innovation index, accumulation of FDI inflows and GDP is positive and significant and coefficient of governance index is positive and meaningless. And in developed countries, coefficients of global innovation index, accumulation of FDI inflows, GDP and governance index is positive and significant. Therefore, it is necessary to improve the innovative environment, by changing the policy making in the resource-based economy moving towards knowledge-based economy by the alignment of macro-economic policies with scientific and research policies, in order to strengthen the relationship between industry and academia. So based on the current needs, the productions and technologies of knowledge-based industries will change.
Type of Study: Applicable |
Subject:
تجارت و مالیه بین الملل
Received: 2015/07/13 | Accepted: 2016/09/17 | Published: 2017/05/17
Received: 2015/07/13 | Accepted: 2016/09/17 | Published: 2017/05/17
References
1. Aaboen, L., Lindelo, P., Von Kochc, C. and Lofsten, H. (2006). Corporate governance and performance of small high-tech firms in Sweden. Technovation, 26(8); 955–968. [DOI:10.1016/j.technovation.2005.07.004]
3. Aaby, Nils-Erik, and Stanley F. Slater. (1989). Management influences on export performance: A review of the empirical literature 1978-1988. International Marketing Review, 6(4):7-26.
4. Al-Marhubi, F. (2004). The determinants of governance: A cross-country ananlysis, Journal of Contemporary Economic Policy, 2(3); 394-406.
5. Baltaji, B. (2011). Econometrics. Springer Texts in Business and Economics, Springer-Verlag Berlin Heidelberg.
6. Barney, J. (2001). Is the Resource-based View a useful perspective for Strategic Management research? Yes, Academy of Management Review, 26, 41-56.
7. Barro, R. (1996). Democracy and growth, Journal of Economic Growth, 1(1); 11-27.
8. Belderbos, R., Duvivier, F. and Wynen, J. (2010). Innovation and export competitiveness: Evidence from flemish firms, Availble at: www.ondernemerschap.be/123.pdf
9. Chadha, A. (2009). Product cycles, innovation, and exports: A study of Indian pharmaceuticals. World Development. 37(9); 1478–1483. [DOI:10.1016/j.worlddev.2009.01.002]
11. Chen, Y. and Sappington, D. E. M. (2009). Designing input prices to motivate process innovation, International Journal of Industrial Organization, 27(3); 390–402.
12. Edwards, L. and Alves, P. (2005). South Africa export performance: Determinats of export supply, Working Paper, School of Economics University of Cape Town. Available at http:// www.worldbank.org/afr/wps/wp95.pdf
13. Fu, D., Wu, Y. and Tang, Y. (2010). Does innovation matter for Chinese High-Tech exports: A firm level analysis? The University of Western Australia. Available at http:// ideas.repec.org/p/pra/mprapa/30012.html.
14. Feyzpour, M. A., Dehghanpour, M. R. and Talaie, Gh. (2011). Regional diffrences and technological levels in Iran's industry outputs. Human Geography Research Quarterly, 44(4); 129-146.
15. Gujarati, D. and Porter, D. (2008). Basic Econometrics. McGraw-Hill Education.
16. Gunday, G., Ulusoy, G., Kilic, K. and Alpkan, L. (2011). Effects of innovation types on firm performance. International of Journal Production Economics, 133, 662-676. [DOI:10.1016/j.ijpe.2011.05.014]
18. Hashi, I. and Stojcic, N. (2012). The impact of innovation activities on firm performance using a multi-stage model: Evidence from the Community Innovation Survey 4. Research Policy.
19. Hsiao, F. S. T. and Hsiao, W. M. C. (2006). FDI, exports, and GDP in East and Southeast Asia-panel data versus time-series causality analyses. Journal of Asian Economics, 17(6); 1082–1106. [DOI:10.1016/j.asieco.2006.09.011]
21. Hulton, C. (1996). Infrastructure capital and economic growth: How well you use it may be more important than how much you have. NBER Working paper 5847.
22. Ismail, N. W. (2013). Innovation and High-Tech trade in Asian countries, International Conference on Recent Developments in Asian Trade Policy and Integration, 20th and 21st February, 2013. At Kuala Lumpur Teaching Centre, the University of Nottingham Malaysia Campus.
23. Keeble, D. and Wilkinson, F. (2000). High-technology clusters, networking and collective learning in Europe, Geo Journal, 56(2); 167-169.
24. Lall, S. (2000). Export performance and competitiveness in the Philippines. QEH Working Paper. No. 49, 1-24.
25. Law, S. H., Azman-Saini, W. N. W. and Zubaidi Baharumshah, A. (2010). Foreign direct investment, economic freedom and economic growth: International evidence, Economic Modeling, 27(5); 1079–1089.
26. Lawrence, M. (1998). High-Tech industries drive global economic activity, National Science Foundation. Available at http://www.nsf.gov/statistics/issuebrf/sib98319.htm
27. Mason, C. and Wagner, K. (1994). Innovation and the skill mix: Chemicals and engineering in Britain and Germany. National Institute Economic Review, 148(1); 61-72. [DOI:10.1177/002795019414800106]
29. Mehregan, N. and Dehghanpour, M. R. (2011). Impact of R&D and FDI on Iran's Hi-Tech industries (1360-86). Journal of Knowledge and Technology, 1(4); 59-79.
30. Mirzababazadeh, S. (2008). Evaluting the impact of domestic and foreign R&D accumulation on non-oil export, Iran case study. Master Thesis, Economics & Social science Faculty, Bu-ali Sina University.
31. Mohammadzadeh, P. and Sojudi, S. (2011). Survey of factors affecting Iran's enterprises. Journal of Executive Management, 3(6); 127-152.
32. Oketch, M. O. (2006). Determinants of human capital formation and economic growth of African countries, Economics of Education Review, 25(5); 554–564.
33. Oura, M. M., Zilber, S. N. and Lopes, E. L. (2015). Innovation capacity, international experience and export performance of SMEs in Brazil, International Business Review, In Press, Available at http://www.sciencedirect.com/science/article/pii/S0969593115300445
34. Pilat, D. and Lee, F. (2001). Productivity growth in ICT producing and ICT-using industries: A source of growth differentials in the OECD? , STI Working Paper, OECD. Available at www.ideas.repec.org/p/oec/stiaaa/2001-4-en.html [DOI:10.1787/774576300121]
36. Poeter, M. (1985). Competitive advantage: Creation and sustain, superior performance, Free Press, New York. Available at http://www.isc.hbs.edu/firm-competitve.htm
37. Porter, M. E. (2003). Building the microeconomic foundations of competitiveness in the global competitiveness report 2002-2003, World Economic Forum, New York: Oxford University Press.
38. Pourjavan, A., Shahabadi, A., Ghrbanejad, M., and Amiri, H. (2014). The impact of natural resource abundance on selected countries performance: GMM approach. Journal of Economic Modeling Research, 4(16); 1-32.
39. Rasiah, R. (2003). Foreign ownership, technology and electronics exports from Malaysia and Thailand, Journal of Asian Economics, 14(5); 785–811.
40. Sandua, S. and Ciocanel, B. (2014). Impact of R&D and Innovation on high - tech export. Procedia Economics and Finance, 15, 80-90. [DOI:10.1016/S2212-5671(14)00450-X]
42. Sara, S. T. and Jackson, H. F. (2012). Role of innovation in Hi-Tech-exports of a nation, International journal of Business and Management, 7(7); 85-93.
43. Seyoum, B. (2004). The role of factor conditions in high-technology exports: An empirical examination, Journal of High Technology Management Research, 15(1); 145–162.
44. Shahabadi, A. and Pouran, R. (2010). Study and evaluating of the brain drain on Iran's economic growth directly and indirectly. Iranian Journal of Trade Study, 14(55); 1-46.
45. Shahabadi, A. and Sadeghi, H. (2011). Evaluating the competitvness of OPEC countries: By emphasize on innovation-base factors. Journal of Science & Technology Parks and Incubators, 8(29); 3-15.
46. Shahabadi, A. and Mirzababazadeh, S. (2008). Evaluating the R&D process in Iran's non-oil exports. Presented in the first conference of national economic development activities, since 25/12/2008 till 26/12/2008, Located in the Central Organization of Payam Noor University.
47. Singh, D. A. and Gaur, A. (2013). Governance structure, innovation and internationalization: Evidence from India, Journal of International Management, Available at: http://ssrn.com/abstract=2233199
48. Tarek, K. and Ravi, S. (2013). Management of technology: the key to competitiveness and wealth creation, 2nd Edition, McGraw-Hill Publishing Company Ltd, New Delhi, India.
49. Tebaldi, E. (2011). The determinate of High-Technology exports: A panel data analysis, International Atlantic Economic Society, Available at http:// ideas.repec.org/a/kap/atlecj/v39y2011i4p343-353.html
50. Thornhill, S. (2006). Knowledge, innovation and firm performance in high- and low technology regimes. Journal of Business Venturing, 21(1); 687-703. [DOI:10.1016/j.jbusvent.2005.06.001]
52. Vaez, M., Tayebi, S. K., and Ghanbari, A. (2007). R&D expenditure effect on Hi-Tech industries' value added. Quarterly Journal of Economics Review, 4(4); 53-72.
53. Vernon, R. (1966). International investment and international trade in the product cycle. Quarterly Journal of Economics, 80(2); 190–207. [DOI:10.2307/1880689]
55. Wang, Z. X. and Wang, Y. Y. (2014). Evaluation of the provincial competitiveness of the Chinese high-tech industry using an improved TOPSIS method, Expert Systems with Applications, 41(6); 2824–2831.
56. Wu, J., Li, S. and Samsell, D. (2012). Why some countries trade more, some trade less, some trade almost nothing: The effect of the governance environment on trade flows, International Business Review, 21(2); 225–238.
57. Annual Global Innovation Index Report, Available at:
58. www.globalinnovationindex.org
59. Annual Economic Freedom Index Report, Availble at:
60. www.freetheworld.com
61. Civil Liabilites and Political Rights, Available at:
62. www.freedomhouse.org
63. National Science Fundation (NSF), Available at: www.NSF.gov
64. WDI (2015). Available at: www.Worldbank.org.
Send email to the article author
| Rights and permissions | |
 | This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. |
