Two years after starting to export, companies file 7-times more patents and deliver 4-times more product innovations than companies that don’t export.

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Exporters Become More innovative 2 Years After Starting to Export

“A study done by professors at USC and the University of Minnesota found that 2 years after exporting, exporters file 7 times MORE patents and deliver 4 times MORE product innovations that their non-exporting peers. That’s because exporters can often access diverse knowledge base not available in the domestic market.”

Source: Export-Import Bank of the United States