ABSTRACT
The relationship between technological efforts and international competitiveness is well documented in the literature in the context of both developed and developing economies. It is evident from the literature that trade theories explaining country-specific variables are insufficient to explain trade pattern and competitiveness. To fulfil this lacuna, firm-and market-specific characteristics have drawn the attention. A number of firm-specific characteristics have been identified in determining the trade and competitive behaviour of firms. These include firm size, age, choice of technology, imports, etc.
