Learning-by-Exporting? Firm-Level Evidence for UK Manufacturing and Services Sectors

This study empirically assesses the microeconomic exporting-productivity nexus for both the UK manufacturing and services sectors during 1996-2004, based on a weighted FAME dataset. Our results show that firms that are older, that possess intangible assets or that have higher (labour) productivity in the year prior to exporting, are significantly more likely to sell overseas. In testing the post-entry ‘learning-by-exporting’ effect, we employ three approaches to controlling for endogeneity and sample selection, viz. instrumental variables, control function and matching, and find that this effect is present in many industries but not universal, and also varies amongst different types of exporting firms. Our overall estimate for the UK economy suggests a substantial post-entry productivity effect for firms new to exporting; a negative effect for firms exiting overseas markets; and large productivity gains while exporting for those that both enter and exit.exports; control function; GMM; matching; TFP; sample selection

A microeconomic study of exporting and innovation activities and their impact on firms: a resource-based perspective

Various models explaining micro knowledge-generating behaviour (in particular exporting and innovating) in the economics literature are underpinned by the overlapping assumption that these activities are largely determined by the resources/capabilities possessed by firms. Despite their perceived importance, there is a dearth of evidence on how these heterogeneous resources and firm-specific capabilities can be incorporated into economics models to quantify their roles in determining microeconomic behaviour. Therefore this thesis attempts to bridge this gap in the literature by integrating the resource-based view (RBV) as a new IO theory into the microeconomics literature and empirically utilising micro level data to investigate the significance of such resources/capacities in determining exporting and innovation activities, moderating their inter-relationships as well as conditioning their impacts on the firm’s performance. These heterogeneous resources have been proxied using firm size, productivity, capital intensity, intangible assets, various dimensions to absorptive capacity, the deployment of R&D sourcing strategies and so on. Using establishment-level data covering all UK market-based sectors in 2000, the findings show that all these factors have a large impact upon the propensity and/or intensity of establishments’ exporting and/or R&D activities, with an especially noticeable role in breaking down entry barriers to undertaking such activities. Given the significant impact of exports on knowledge-creating R&D activity, the thesis subsequently investigates and confirms additional learning effect of exporting as embodied in the firm-level exports-productivity relationship using a nationally representative panel dataset covering both manufacturing and services sectors in the UK, for the 1996-2004 period. Lastly, this thesis also attempts to provide an initial inspection of the contribution of innovation (proxied by R&D stock) to productivity using plant-level panel data for Northern Ireland. Based on the estimation of a ‘knowledge production function’ separately for various manufacturing industries, the overall long-run results show that R&D stock does have a positive impact upon productivity

Export-market dynamics and the probability of firm closure: Evidence for the UK

This study presents the first empirical analysis of the determinants of firm closure in the UK with an emphasis on the role of export-market dynamics, using panel data for a nationally representative group of firms operating in all-market based sectors during 1997-2003. Our findings show that the probability of closure is (cet. par.) significantly lower for exporters, particularly those experiencing export-market entry and exit. Having controlled for other attributes associated with productivity (such as size and export status), the following factors are found to increase the firm’s survival prospects: higher capital intensity and TFP, foreign ownership, young age, displacement effects (through relatively high rates of entry of firms in each industry), and belonging to certain industries. Interestingly, increased import penetration (a proxy for lower trade costs) leads to a lower hazard rate for exporting entrants and continuous exporters, whilst inducing a higher hazard rate for domestic producers or those that quit exporting.firm closure; exporting; market dynamics; hazard rates

The impact of higher education institution-firm knowledge links on establishment-level productivity in British regions

This paper estimates whether sourcing knowledge from and/or cooperating on innovation with higher education institutions impacts on establishment-level TFP and whether this impact differs across domestically-owned and foreign-owned establishments and across the regions of Great Britain. Using propensity score matching, the results show overall a positive and statistically significant impact although there are differences in the strength of this impact across production and non-production industries, across domestically-owned and foreign-owned firms, and across regions. These results highlight the importance of absorptive capacity in determining the extent to which establishments can benefit from linkages with higher education institutions.Universities; University-Industry knowledge links; Firm-level productivity

The Impact of Higher Education Institution-Firm Knowledge Links on Firm-level Productivity in Britain

This paper estimates whether knowledge links with universities impacts on establishment-level TFP. Using propensity score matching, the results show a positive and statistically significant impact although there are across production and non-production industries and domestically- and foreign-owned firms.Universities, Firm-level productivity

The Impact of Higher Education Institution-firm Knowledge Links on Establishment-level Productivity in British Regions

This paper estimates whether sourcing knowledge from and/or cooperating on innovation with higher education institutions impacts on establishment-level TFP and whether this impact differs across domestically-owned and foreign-owned establishments and across the regions of Great Britain. Using propensity score matching, the results show overall a positive and statistically significant impact although there are differences in the strength of this impact across production and non-production industries, across domestically-owned and foreign-owned firms, and across regions. These results highlight the importance of absorptive capacity in determining the extent to which establishments can benefit from linkages with higher education institutions

The Impact of Higher Education Institution-Firm Knowledge Links on Firm-level Productivity in Britain

This paper estimates whether knowledge links with universities impacts on establishment-level TFP. Using propensity score matching, the results show a positive and statistically significant impact although there are across production and nonproduction industries and domestically- and foreign-owned firms

Born to be green: new insights into the economics and management of green entrepreneurship

While the number of green start-ups has steadily increased around the world in response to the environmental problems demanding immediate solutions, there are several unresolved questions on the behaviour and performance of such ventures. The papers in this special issue shed light on these issues by underscoring the role of several factors, such as industry life cycles, knowledge spillovers, institutions, and availability of external finance, in shaping decision-making and firm behaviour in green start-ups. This paper highlights the state-of-the art developments in the literature, discusses the key contributions of the papers put together in this special issue and presents a future research agenda for scholars interested in green entrepreneurship

Large expert-curated database for benchmarking document similarity detection in biomedical literature search

Document recommendation systems for locating relevant literature have mostly relied on methods developed a decade ago. This is largely due to the lack of a large offline gold-standard benchmark of relevant documents that cover a variety of research fields such that newly developed literature search techniques can be compared, improved and translated into practice. To overcome this bottleneck, we have established the RElevant LIterature SearcH consortium consisting of more than 1500 scientists from 84 countries, who have collectively annotated the relevance of over 180 000 PubMed-listed articles with regard to their respective seed (input) article/s. The majority of annotations were contributed by highly experienced, original authors of the seed articles. The collected data cover 76% of all unique PubMed Medical Subject Headings descriptors. No systematic biases were observed across different experience levels, research fields or time spent on annotations. More importantly, annotations of the same document pairs contributed by different scientists were highly concordant. We further show that the three representative baseline methods used to generate recommended articles for evaluation (Okapi Best Matching 25, Term Frequency-Inverse Document Frequency and PubMed Related Articles) had similar overall performances. Additionally, we found that these methods each tend to produce distinct collections of recommended articles, suggesting that a hybrid method may be required to completely capture all relevant articles. The established database server located at https://relishdb.ict.griffith.edu.au is freely available for the downloading of annotation data and the blind testing of new methods. We expect that this benchmark will be useful for stimulating the development of new powerful techniques for title and title/abstract-based search engines for relevant articles in biomedical research.Peer reviewe

Interregional migration of human creative capital:The case of "Bohemian graduates"

The human capital endowment has long been perceived to be of paramount importance to regional growth and development. In recent years, there also has been a widely held belief that creativity, going hand in hand with innovation and knowledge creation, readily translates into regional competitiveness. Attracting quality human capital and cultivating creative industry/class have been given an unprecedented level of significance in regional policies. As a result of this, understanding the factors determining the migration behaviour of graduates – and especially graduates in creative disciplines – has clear implications for policy makers. In addressing these issues and advancing our understanding of the relationship between creativity and mobility in human capital, this study provides the first empirical analysis of the role played by graduates' subject background (i.e. creative vs. non-creative subjects) in influencing their migration choice in the UK. Our data employed in this paper primarily draw on the Destinations of Lea-vers from Higher Education Survey (DLHE) 2006/2007, collected by the UK's Higher Education Statistic Agency. Graduates are classified into five migration categories based on their migration choices from domicile to university and then onto workplace. Our results show that graduates from disciplines such as business/management and more importantly engineering/technology are more migratory and more likely to be repeat migrants and land higher paid jobs, while graduates from creative arts, education or law are less mobile and, on average, earn less