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The Impacts of Patent and R&D Expenditures on the High-Tech Exports of Newly Industrialised Countries: A Panel Cointegration Analysis

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  • Robert Ackrill
  • Rahmi Cetin

Abstract

In this paper, we have sought to complement the extensive literature analysing firm level data on the links between innovation and exports, with an exploration of whether these variables are related at the country-level, for a group of eight NICs. We have been particularly interested with innovation in and export of high-tech products. At the outset, we identified seven hypotheses for testing. Our findings are that, for our panel of eight NICs over the period 1996-2014, patents and R&D expenditures both exert a significant positive effect on these countries’ exports of high-tech goods.

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  • Robert Ackrill & Rahmi Cetin, 2019. "The Impacts of Patent and R&D Expenditures on the High-Tech Exports of Newly Industrialised Countries: A Panel Cointegration Analysis," NBS Discussion Papers in Economics 2019/05, Economics, Nottingham Business School, Nottingham Trent University.
  • Handle: RePEc:nbs:wpaper:2019/05
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