Original scientific paper
https://doi.org/10.1080/1331677X.2017.1305796
Survival of the fittest: an evolutionary approach to an export-led model of growth
J. Prašnikar
T. Redek
M. Drenkovska
Abstract
Developing countries often rely on the export-led model of growth.
Exposure to (developed) foreign markets increases learning
opportunities for firms, enhances their competences and capabilities,
and facilitates potentially more innovation. The actual benefit differs
among firms depending on internal firm characteristics (genetic
material). Using survey data for Slovenia we show that export
orientation, firms’ genetic material, competences and capabilities
and innovation are related. The paper contributes to the literature in
several ways, primarily by extending knowledge on innovation and
corporate behaviour in an export-led developing country, using micro
level data.
Keywords
Export-led growth; learning by exporting; external sources of ideas; competences and capabilities; innovation; genetic material
Hrčak ID:
180810
URI
Publication date:
1.12.2017.
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