Learning by exporting: Lessons from high-technology SMEs

► We investigate the learning by exporting hypothesis. ► Specifically, we examine the effect of exporting on the subsequent innovation performance of UK high-tech SMEs. ► Exporting helps high-tech SMEs innovate subsequently, but does not make them more innovation intensive. ► There is also evidence that it is consistent exposure to export markets that helps firms overcome the innovation hurdle. ► Service sector firms reap the benefits of exposure to export markets at an earlier (entry) stage than manufacturing firms.