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Economics
Econometrics

Creativity, innovation, and export performance

Profile image of Emmanuel AnoruoEmmanuel AnoruoProfile image of William DipietroWilliam Dipietro

2006, Journal of Policy Modeling

https://doi.org/10.1016/J.JPOLMOD.2005.10.001
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Abstract

More and more countries are turning to export promotion as an effective strategy for development. If creative activity facilitates exports, then, in order to enhance exports, it may be worthwhile for a country to focus at least a portion of its energy toward establishing a favorable environment for creativity. This paper hypothesizes that there is a positive relationship between a country's export performance and a country's creative activity. It uses simple cross-country regression analysis to test whether creativity and its four components, innovation, technology, technology transfer, and business startups, have any impact on the total value of a country's exports and on the composition of a country's exports.

Figures (5)
Simple cross-country regressions of high-tech exports in current U.S. dollars on creativity and its component parts Table 2
Simple cross-country regressions of high-tech exports in current U.S. dollars on creativity and its component parts Table 2
Simple cross-country regressions of exports of all goods and services in constant 1995 U.S. dollars on creativity and its component parts Table 1
Simple cross-country regressions of exports of all goods and services in constant 1995 U.S. dollars on creativity and its component parts Table 1
Simple cross-country regressions of the percentage of manufacturing exports of total merchandise exports on creativity and its component parts * Significant at 1%.
Simple cross-country regressions of the percentage of manufacturing exports of total merchandise exports on creativity and its component parts * Significant at 1%.
* Significant at 1%. Simple cross-country regressions of the percentage of agricultural raw materials exports of total merchandise exports on creativity and its component parts
* Significant at 1%. Simple cross-country regressions of the percentage of agricultural raw materials exports of total merchandise exports on creativity and its component parts
Simple cross-country regressions of the percentage of high-tech exports of total manufacturing exports on creativity and its components * Significant at 1%.
Simple cross-country regressions of the percentage of high-tech exports of total manufacturing exports on creativity and its components * Significant at 1%.

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References (7)

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  7. World Bank. (2002). World development indicators on CD-ROM. Washington: World Bank.

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