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Foreign Direct Investments Induced Innovation? A Case Study − Macedonia

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  • Apostolov Mico

    () (Assoc. Prof., Ph.D, University Goce Delcev, Macedonia)

Abstract

This paper, while analysing innovation in Southeast Europe, and in particular the case study of Macedonia, focuses on the basic ties between foreign direct investments and innovation. Foreign direct investment is usually defined as dominant or controlling ownership of a company in one country (the host country), by an entity based in another country. The concept of industry-government- university relationships interprets the change from a dominating industry-government duo in the ‘industrial society’ to a growing triadic relationship between industry-government-university in the ‘knowledge society’.

Suggested Citation

  • Apostolov Mico, 2016. "Foreign Direct Investments Induced Innovation? A Case Study − Macedonia," Comparative Economic Research, Sciendo, vol. 19(1), pages 5-25, March.
  • Handle: RePEc:vrs:coecre:v:19:y:2016:i:1:p:5-25:n:1
    DOI: 10.1515/cer-2016-0001
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