IDEAS home Printed from https://ideas.repec.org/p/bam/wpaper/bafes02.html
   My bibliography  Save this paper

Inward FDI and innovation in transitional countries

Author

Listed:
  • Allan Webster

    () (Bournemouth University, Executive Business Centre)

Abstract

This study empirically examines the relationship between innovation and foreign ownership for a large sample of firms in 29 transitional countries, taken from the 2013 BEEPS survey. The analysis is based on two different aspects of FDI theory – technology transfer and strategic asset seeking (with respect to R&D). It finds that firms who innovate with respect to new products, new processes and new management techniques have, on balance, more foreign ownership than those who do not. The evidence supports a view that strategic asset seeking is associated with inward FDI. It also supports the view that technology transfer is also an important feature of the relationship between innovation and FDI in transitional countries. Of the two effects the technology transfer effect is of more consequence than the strategic asset seeking effect.

Suggested Citation

  • Allan Webster, 2016. "Inward FDI and innovation in transitional countries," BAFES Working Papers BAFES02, Department of Accounting, Finance & Economic, Bournemouth University.
  • Handle: RePEc:bam:wpaper:bafes02
    as

    Download full text from publisher

    File URL: https://repec.bmth.ac.uk/bam/wp/BAFES02.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    FDI; innovation; transition; firm; technology transfer; strategic asset seeking;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bam:wpaper:bafes02. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marta Disegna). General contact details of provider: https://edirc.repec.org/data/bsbouuk.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.