The birth of new HGEs: internationalization through new digital technologies

Teruel, Mercedes; Coad, Alex; Domnick, Clemens; Flachenecker, Florian; Harasztosi, Péter; Janiri, Mario Lorenzo; Pál, Rozália

doi:10.1007/s10961-021-09861-6

Cited by 32 publications

(17 citation statements)

References 62 publications

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“…Secondly, trade liberalization reallocates production factors between low-tech and high-tech economic agents [ 33 ]. Because of the entry barriers in foreign markets, there is a “self-selection” effect in export, with only high-skilled and high-productivity economic agents choosing to export [ 5 , 34 – 37 ]. Accordingly, we propose the following research hypothesis:…”

Section: Theoretical Analysis and Research Hypothesismentioning

confidence: 99%

Digital economy, technological progress, and city export trade

et al. 2022

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The development of the digital economy is conducive to the innovative development of foreign trade and the formation of a “dual circulation” development pattern in China. Based on the panel data of 285 prefecture-level cities in China from 2005 to 2019, this paper examines the influence of the digital economy on urban export trade and its heterogeneity. And we use a mediating effect model to explore the possible mediating role of technological progress in the above influences. The results find that: (1) The improvement of the digital economy can promote cities export; (2) The promotion of the digital economy to the growth of city export scale is heterogeneous, which is more significant in the western and northeastern cities with relatively remote geographical locations, and the third-tier and lower cities with relatively backward economic development. (3) Technological progress has played a significant role in promoting the growth of export for the digital economy. Thus, it’s of great importance for China to increase investment in digital economy infrastructure and pay more attention to the differences in diverse city development processes. It should also support basic research and development in information technology to promote high-quality development of China’s foreign trade through the digital economy.

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Section: Theoretical Analysis and Research Hypothesismentioning

confidence: 99%

Digital economy, technological progress, and city export trade

et al. 2022

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“…On the other hand, many scholars pay more attention to the impact of digital transformation on enterprises, and draw some meaningful conclusions. First, research on the impact of digital transformation on the internationalization of enterprises, which includes the influence of digitalization on corporate export behavior (Pergelova et al, 2019), firms' willingness to internationalize (Teruel et al, 2021), and firms' degree of internationalization (Adomako et al, 2021). Second, research on digitization and innovation, which includes the influence of digitization on innovation factor mismatch (Wang H. et al, 2022) and business model innovation (Yi et al, 2021).…”

Section: Research On Enterprise Digitalizationmentioning

confidence: 99%

Does digitalization drive corporate green transformation?—Based on evidence from Chinese listed companies

Cheng

Jia

Zou

2022

Front. Environ. Sci.

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Accelerating the digital transformation of enterprises, enabling enterprise operation and management with digitalization, and driving green transformation are important tasks to further promote the digital construction of a country. Based on the text data mining method, this paper investigates digitalization’s impact on enterprises’ green transformation and its mechanisms, using A-share listed companies in Shanghai and Shenzhen as research samples from 2011 to 2020. The results show that digitalization has the effect of “inhibiting” and then “promoting” on the green transformation of enterprises, i.e., the relationship between the two is U-shaped. The heterogeneity analysis shows that this U-shaped relationship exists among non-heavy polluting enterprises, eastern enterprises, main-board enterprises, GEM enterprises, and enterprises with high digitization speed. As far the influence mechanism, the dynamic capability acts as a partial mediator in the relationship between digitalization and green transformation. This study provides a useful reference for enterprises to drive sustainable development and promote the construction of national ecological civilization.

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“…Here, we consider possibly the broadest possible definition that includes HGFs (both in terms of employment and sales) and young innovative companies. Despite their very broad definition (Delmar et al, 2003), the main characteristics of HGFs are that they are younger, a quasi-homogenous presence across sectors, a tendency to be more innovative and a greater involvement in international markets (Moreno & Coad, 2015;Teruel et al, 2021). YICs are younger than 6 years, with fewer than 250 employees, and operating at least at 15% of R&D intensity.…”

Section: Firm-level Determinants: Public Subsidies Gazelles and Finan...mentioning

confidence: 99%

Firm-level contributions to the R&D intensity distribution: evidence and policy implications

Cattaruzzo

Segarra‐Blasco

Teruel

2022

Economics of Innovation and New Technology

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This paper decomposes the Spanish aggregate R&D distribution to disentangle the contributions of R&D public financing, gazelle firms, and financial constraints. Applying the Chernozhukov, Fernández-Val and Melly (2013) distribution regression approach, we estimate the contributions of these components at each point of the distribution. The analysis is carried out for two periods, precrisis 2004-2008 and post-crisis 2009-2014. We thereby introduce a comparative perspective that allows us to consider possible business cycle effects. Our findings are that the main causes of the significant post-crisis drop in Spanish aggregate R&D are changes in the public financing scheme and in the decreased contribution of gazelles. Our results provide a rigorous analysis of Spanish R&D, hint at a possible transmission channel for reduced business dynamism and offers interesting insights for policymaking.

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The birth of new HGEs: internationalization through new digital technologies

Cited by 32 publications

References 62 publications

Digital economy, technological progress, and city export trade

Digital economy, technological progress, and city export trade

Does digitalization drive corporate green transformation?—Based on evidence from Chinese listed companies

Firm-level contributions to the R&D intensity distribution: evidence and policy implications

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