Website Premia for Extensive Margins of International Firm Activities: Evidence for SMEs from 34 Countries
This paper uses firm-level data from the Flash Eurobarometer 421 survey conducted in June 2015 in 34 European countries to investigate the link between having a website and international firm activities in small- and medium-sized enterprises (SMEs). We find that firms that are present on the web mor...
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-10-01
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| Series: | Economies |
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| Online Access: | https://www.mdpi.com/2227-7099/10/10/250 |
| _version_ | 1827650567453802496 |
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| author | Joachim Wagner |
| author_facet | Joachim Wagner |
| author_sort | Joachim Wagner |
| collection | DOAJ |
| description | This paper uses firm-level data from the Flash Eurobarometer 421 survey conducted in June 2015 in 34 European countries to investigate the link between having a website and international firm activities in small- and medium-sized enterprises (SMEs). We find that firms that are present on the web more often export, import, engage in research and development cooperation with international partners, work as subcontractors for firms from other countries, use firms in other countries as subcontractors, and perform foreign direct investments—both inside and outside the European Union. The estimated website premia are statistically highly significant after controlling for firm size, country, and sector of economic activity. Furthermore, the size of these premia can be considered to be large. Internationally active firms tend to have a website. |
| first_indexed | 2024-03-09T20:20:54Z |
| format | Article |
| id | doaj.art-f12bc5626ea543ba8951982b0abd1d63 |
| institution | Directory Open Access Journal |
| issn | 2227-7099 |
| language | English |
| last_indexed | 2024-03-09T20:20:54Z |
| publishDate | 2022-10-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Economies |
| spelling | doaj.art-f12bc5626ea543ba8951982b0abd1d632023-11-23T23:50:34ZengMDPI AGEconomies2227-70992022-10-01101025010.3390/economies10100250Website Premia for Extensive Margins of International Firm Activities: Evidence for SMEs from 34 CountriesJoachim Wagner0Institute of Economics, Leuphana Universität Lüneburg, D-21335 Luneburg, GermanyThis paper uses firm-level data from the Flash Eurobarometer 421 survey conducted in June 2015 in 34 European countries to investigate the link between having a website and international firm activities in small- and medium-sized enterprises (SMEs). We find that firms that are present on the web more often export, import, engage in research and development cooperation with international partners, work as subcontractors for firms from other countries, use firms in other countries as subcontractors, and perform foreign direct investments—both inside and outside the European Union. The estimated website premia are statistically highly significant after controlling for firm size, country, and sector of economic activity. Furthermore, the size of these premia can be considered to be large. Internationally active firms tend to have a website.https://www.mdpi.com/2227-7099/10/10/250website premiainternational firm activitiesFlash Eurobarometer 421 |
| spellingShingle | Joachim Wagner Website Premia for Extensive Margins of International Firm Activities: Evidence for SMEs from 34 Countries Economies website premia international firm activities Flash Eurobarometer 421 |
| title | Website Premia for Extensive Margins of International Firm Activities: Evidence for SMEs from 34 Countries |
| title_full | Website Premia for Extensive Margins of International Firm Activities: Evidence for SMEs from 34 Countries |
| title_fullStr | Website Premia for Extensive Margins of International Firm Activities: Evidence for SMEs from 34 Countries |
| title_full_unstemmed | Website Premia for Extensive Margins of International Firm Activities: Evidence for SMEs from 34 Countries |
| title_short | Website Premia for Extensive Margins of International Firm Activities: Evidence for SMEs from 34 Countries |
| title_sort | website premia for extensive margins of international firm activities evidence for smes from 34 countries |
| topic | website premia international firm activities Flash Eurobarometer 421 |
| url | https://www.mdpi.com/2227-7099/10/10/250 |
| work_keys_str_mv | AT joachimwagner websitepremiaforextensivemarginsofinternationalfirmactivitiesevidenceforsmesfrom34countries |