Knowledge Spillovers and Entrepreneurs' Export Orientation

14 Pages Posted: 17 Dec 2008 Last revised: 10 Mar 2009

See all articles by Dirk De Clerq

Dirk De Clerq

Brock University - Faculty of Business

Jolanda Hessels

Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)

Andre J. van Stel

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Economics

Date Written: December 8, 2008

Abstract

We draw upon the economics literature, and the literature on knowledge spillovers in particular, to examine to what extent a country's level of foreign direct investment (both inward and outward) and international trade (export and import) influence the export orientation of its entrepreneurs. We also examine the relationship between entrepreneurs' export orientation and a country's overall level of entrepreneurial activity. We test our hypotheses using macro-level data on 34 countries over a four-year time period (2002-2005). We find that a country's outward foreign direct investment as well as its export and import positively influence entrepreneurs' export orientation. We also find that the extent to which a country's entrepreneurs engage in export-oriented activities affects the subsequent emergence of new businesses within the country's borders. We discuss our findings, and point to the study's implications and limitations.

Keywords: Knowledge Spillovers, Export Orientation, Country-Level Entrepreneurship

JEL Classification: M13

Suggested Citation

De Clercq, Dirk and Hessels, Jolanda and van Stel, Andre J., Knowledge Spillovers and Entrepreneurs' Export Orientation (December 8, 2008). Babson College Entrepreneurship Research Conference (BCERC) 2006 Paper; Frontiers of Entrepreneurship Research 2006. Available at SSRN: https://ssrn.com/abstract=1313334 or http://dx.doi.org/10.2139/ssrn.1313334

Dirk De Clercq (Contact Author)

Brock University - Faculty of Business ( email )

St. Catharines, Ontario L2S 3A1
Canada

Jolanda Hessels

Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) ( email )

P.O. Box 1738
3000 DR Rotterdam, NL 3062 PA
Netherlands

Andre J. Van Stel

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Economics ( email )

Kahlaische Strasse 10
D-07745 Jena, 07745
Germany

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