The Effect of Innovation on Market Share of Selected Countries from Non-Oil Exports of the World

Document Type : Original Article

Authors

1 Department of Management, Buinzahra Branch, Islamic Azad University, Buinzahra, Iran

2 Professor of Economics, Alzahra University, Tehran, Iran,

3 Department of Management, Buinzahra Branch, Islamic Azad University, Buinzahra, Iran,

4 MA of Economics, Islamic Azad University, Arak Branch, Iran,

Abstract

The development of non-oil exports can regulate the employment situation and help to the provide of necessary foreign exchange resources for imports. It can also increase the resilience of the economy by cutting off dependence on foreign exchange earnings from oil exports. But to achieve this, in today's competitive world, It needs to support creative ideas, build new products and services, based on the needs and preferences of foreign customers using their new tools and methods of production and commercialization, referred to as innovation. Therefore, the present study attempted to examine the effect of inputs and outputs of innovation on the market share of two oil exporting selected countries (sample group) and Innovation -Driven Stage selected countries (control group) from non-oil global exports during the period 2007-2017. For this purpose, the research model was estimated using panel data and generalized method of moments in two groups of countries. The results showed that the effect of inputs and outputs of innovation on the market share of both groups of selected countries from non-oil world exports was positive and significant. Of course, the estimated coefficient of these variables is higher in oil-exporting countries.

Keywords

Innovation Management Journal
Volume 8, Issue 4 - Serial Number 30
February 2020
Pages 151-171

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History

  • Receive Date: 19 May 2019
  • Revise Date: 12 May 2020
  • Accept Date: 05 May 2020

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