Investigating and analyzing the effect of export shocks on innovation decision and patent stock in Iran's manufacturing industries

Ebrahimi, Mehrzad

doi:10.30473/jier.2024.70610.1451

Document Type : applicative

Author

mehrzad ebrahimi

Associatet Professor, Department of Economics, Faculty of Economics and Management, Shiraz Branch, Islamic Azad University, Shiraz, Iran

10.30473/jier.2024.70610.1451

Abstract

The present study was conducted with the aim of investigating and analyzing the effect of export shocks on innovation decisions and patent inventory in Iranian manufacturing industries. This research consists of two steps: 1) calculating the export shock index through exploratory factor analysis modeling and extracting the time series of the export shock index and 2) examining the effect of export shocks on the stock of patents and innovation decisions in manufacturing industries. Iran, based on ISIC-4, in the classification of Iran's economic activities in 2011 through VAR regression was done for the period from 2008 to 2023. The findings of the research showed that the stock of patents had an effect of 1.39 on export shocks, while export shocks had an effect of 0.20 on the stock of patents. Other findings show that the effect of innovation on export shocks is equal to 0.78, while the effect of export shocks on innovation is equal to 0.14. Based on this, it can be concluded that there is a correlation between patent stock and export shocks, as well as innovation and export shocks for Iran's manufacturing industries. In addition, the investigation of the interrelationship between innovation and the effect of export shocks on the decision to innovate in Iranian manufacturing industries showed that export shocks and innovation had a mutual relationship; In this way, innovation affected export shocks by 0.292 and export shocks affected innovation by 0.0000492.

Keywords

Main Subjects

Industrial Economics, Structure_Conduct-Performance

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Journal of Industrial Economics researches

Investigating and analyzing the effect of export shocks on innovation decision and patent stock in Iran's manufacturing industries

References

References

Volume 8, Issue 27
April 2024
Pages 15-30

Investigating and analyzing the effect of export shocks on innovation decision and patent stock in Iran's manufacturing industries

References

References

Volume 8, Issue 27April 2024Pages 15-30

Volume 8, Issue 27
April 2024
Pages 15-30