Author : Bart Clarysse
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (875 download)
Book Synopsis High Tech Exports as a Strategic Factor of International Competitiveness by : Bart Clarysse
Download or read book High Tech Exports as a Strategic Factor of International Competitiveness written by Bart Clarysse and published by . This book was released on 1999 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper explores the link between technology, investment, price factors and export performance in a set of 21 OECD countries and for 7 science based sectors over the period 1988-1996. The main argument in the paper is that each industry contains a segment in which competition is based on new products and one in which competition is based on costs. Which of these two segments is the larger will depend on the stage in the business cycle. The existence of a list of high tech product exports allowed us to distinguish between these two segments for seven industries. Consistent with the conceptual model, technology is found to have a direct and highly significant correlation with high tech exports, which in turn positively influence the non-high tech export part of the industry. Hence, the indirect influence of patents on non-high tech exports is much higher than the direct one (which points to the existence of process innovation). The relation between the price factors and the non-high tech part remains ambiguous and difficult to explain. We suggest that high costs of employment might be an indication of the use of highly skilled personnel, which in turn points to innovative capacity as a basis for competition. The paper shows paradoxically that the linear view seems to be still valuable, but for reasons that can only be explained by the systemic approach."--Editor.