Old Firms and New Products: Does Experience Increase Survival?

}Using a unique data set of Irish firm-product level exports we examine the relationship between exporting experience and the duration of export flows. We find that more experienced firms (in years of exporting) show a higher... [ view full abstract ]

}Using a unique data set of Irish firm-product level exports we examine the relationship between exporting experience and the duration of export flows. We find that more experienced firms (in years of exporting) show a higher probability of failure associated with introduction of new products. On the other hand, firms with broader export scope are more likely to have better survival times for newly launched products. The effects of this measure are, however, non-linear and the distance of the new products to the core competency plays an important role in determining the survival of new products.