NEW YORK--(BUSINESS WIRE)--“As the global recession continues, struggling domestic industries are demanding new import restrictions to safeguard their businesses,” says NYU Stern Professor Robert Salomon. “But promoting protectionism in the US and other countries is particularly dangerous in today’s recession, because research shows that international trade is closely linked to spikes in innovation – something world markets desperately need in these tough economic times.”
Furthering the debate on how exporting may benefit companies, Salomon and co-author Byungchae Jin of the Robert H. Smith School of Business at the University of Maryland investigate the impact of exporting on the innovative productivity of technologically lagging versus technologically leading firms.
After examining a sample of 1,744 Spanish manufacturing firms from 1990-1997, the authors find that:
To read the full paper entitled, “Do Leading or Lagging Firms Learn More from Exporting?” visit: http://w4.stern.nyu.edu/news/docs/exporting_absorptive_capacity.pdf
To speak with Professor Robert Salomon, contact him directly at 212-998-0223, firstname.lastname@example.org; or contact Carolyn Ritter in NYU Stern’s Office of Public Affairs, 212-998-0624, email@example.com.