DETERMINANTS OF INNOVATIVE ACTIVITIES: EVIDENCE FROM EUROPE AND CENTRAL ASIA REGION

被引：21

作者：

Marco, Lau Chi Keung ^{[1
]}

Steve, Yang Fu ^{[2
]}

Zhang, Zhe ^{[3
]}

Vincent, Leung K. K. ^{[4
]}

机构：

[1] Northumbria Univ, Newcastle Business Sch, Newcastle Upon Tyne NE1 8ST, Tyne & Wear, England

[2] Centennial Coll, Sch Management, Pokfulam, Hong Kong, Peoples R China

[3] Eastern Kentucky Univ, Sch Business, Dept Management Mkt & Int Business, Richmond, KY USA

[4] Hong Kong Baptist Univ, Sch Business, Dept Mkt, Hong Kong, Hong Kong, Peoples R China

来源：

SINGAPORE ECONOMIC REVIEW | 2015年 / 60卷 / 01期

关键词：

Foreign direct investment; corruption; innovation; technology transfer; CORRUPTION; FIRM; FDI; ENTREPRENEURSHIP; INSTITUTIONS; INVESTMENT; COUNTRIES; CAPACITY;

D O I：

10.1142/S0217590815500046

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Recent studies in the innovation literature show that Foreign Direct Investment (FDI) enhances innovations in recipient countries through spill-over effects. In this paper we extend the existing literature by incorporating the corruption index in the estimation procedure. Using a cross-country analysis from the Europe and Central Asia (ECA) region, covering 57 countries over the period of 1995-2010, we find no evidence of FDI spill-over effects on innovations, when corruption is endogenously modelled in the regression. Interestingly, we find that corruption and expenditure on education sector are positively related to the number of patents applications, suggesting anti-corruption programs encourage innovations that promote economic growth. Our study shed light on the national innovations and anti-corruption programs.

引用

页数：18

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