Anmerkungen:
In: Interdisciplinary Journal of Contemporary Research in Business
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 3, 2011 erstellt
Beschreibung:
The paper examine the role and importance of firm level characteristics, technological capabilities, commercial capabilities and factors inhibiting export activities as determinants of export performance in case of Light Engineering Units of Gujranwala, Gujrat and Sialkot Districts. Empirical data from a survey of 1201 Light engineering units in Gujranwala, Gujrat and Sailkot Districts is being employed for analytical purposes out of which 318 units were found to be involved in export activities. Multinomial regression logistic model has been utilized to find out the probability of being exporter. Instrumental variable approach is employed to encompass the role of innovation in the probability of being exporter. The estimated results of instrumental equation are than incorporated in the basic model to find out the final estimation results. Results from the logit model represent that all the three measures of innovation positively improves the probability of being exporter. LnRev/Month, product mix, manufacturing status of the firm, trade marks, registered trade marks, size of the firm, availability of information and cost competitiveness are found to be significantly and positively contributing towards the probability of being exporter. The innovation processes comprising of new product, new process and major improvements are found to be positive with high odd ratios exhibiting their importance in the exports of light engineering sector. Average wage (-ve) means higher the cost of labor less likely is the chance that firm will export. Non-cooperation of Govt. agencies, financial problems, competition in foreign markets and expensive foreign visits are negatively and significantly associated probability of being exporter