Entrepreneurship and the entry of new firms into the market are important drivers to create jobs and long-term economic growth. This paper looks at Australian firms that are ‘born global’, entering export markets in their first year.
It uses administrative tax data on Australian firms to:
- study the role of firms in international trade, focusing on born global firms
- explore the relationship between export status, firm growth, age and size
- test the relationship between exchange rates and export sales.
This research supports policymakers to better target policies aimed at promoting exports and entrepreneurship in Australia.
Authors: Angelina Bruno and Dr Abrie Swanepoel.