TY - JOUR
T1 - Firm innovation and global value chain participation
AU - Reddy, Ketan
AU - Chundakkadan, Radeef
AU - Sasidharan, Subash
N1 - Funding Information:
We thank Malathy D,?Alex Eapen, and Raja Sethu Durai S for their thoughtful advice. We also thank all the participants of the XIV Annual International conference of the Forum for Global Knowledge Sharing and the 56th Annual Conference of the Indian Econometric Society for their valuable feedback. We also thank the editor and an anonymous referee for their insightful comments and suggestions.
Publisher Copyright:
© 2020, Springer Science+Business Media, LLC, part of Springer Nature.
PY - 2021
Y1 - 2021
N2 - The objective of this paper is to examine the relationship between innovation and firms’ participation in global value chains (GVCs). To achieve this objective, we use rich firm-level data from the World Bank Enterprise Survey (WBES), spanning the period of 2006–2017, belonging to 90 countries. Accounting for endogeneity arising from reverse causality, our study finds firm innovation to be a driver of firm GVC participation across countries. These findings are robust to alternative measures of innovation and various sub-sample analysis.
AB - The objective of this paper is to examine the relationship between innovation and firms’ participation in global value chains (GVCs). To achieve this objective, we use rich firm-level data from the World Bank Enterprise Survey (WBES), spanning the period of 2006–2017, belonging to 90 countries. Accounting for endogeneity arising from reverse causality, our study finds firm innovation to be a driver of firm GVC participation across countries. These findings are robust to alternative measures of innovation and various sub-sample analysis.
UR - http://www.scopus.com/inward/record.url?scp=85089731467&partnerID=8YFLogxK
U2 - 10.1007/s11187-020-00391-3
DO - 10.1007/s11187-020-00391-3
M3 - Article
SN - 0921-898X
VL - 57
SP - 1995
EP - 2015
JO - SMALL BUSINESS ECONOMICS
JF - SMALL BUSINESS ECONOMICS
IS - 4
ER -