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Prof. László Halpern

Institute of Economics of the Hungarian Academy of Sciences, and Central European University, Budapest, Hungary

Authors: László Halpern and Balázs Muraközy

Abstract: This paper estimates the relationship between innovation and firm performance by using Community Innovation Survey data for Hungary. It exploits the possibility of linking the innovation data to ownership and disaggregated trade data. Innovative firms are more productive, more likely to trade and export more products to more countries. We also test for differences in innovative behaviour in high- and low-tech industries, and study whether domestic and foreign firms differ in this respect.

Full Text: “Innovation, productivity and exports: the case of Hungary”