SavedAdd your journal

Journals / Maliye Dergisi / 2020 / Cilt: 0 - Sayı: 178

The Analysis of the Relationship between New Strategic Assets SeekingForeign Direct Investment and R&D: Turkish Case

Yeni Stratejik Varlık Arayan Doğrudan Yabancı Yatırımlar ile Ar-Ge İlişkisinin Analizi: Türkiye Örneği

Ayça SARIALİOĞLU HAYALİ
Asiye KÜÇÜKOSMAN
Pages
62–81
Publication Date
2022-10-18
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

As a result of the causality test it is found out that the Granger Causality Test is unidirectional runnigs from R&D expenditures to FDI seeking strategic assets.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Foreign Direct Investment (FDI) represents the highest level of internationalization.
📊
Key Findings & Data:This paper combines strategic asset seeking FDI with its economic determinants and the high value-added manufacturing industry.
💡
Conclusion & Impact:As a result of the causality test it is found out that the Granger Causality Test is unidirectional runnigs from R&D expenditures to FDI seeking strategic assets.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

Foreign Direct Investment (FDI) represents the highest level of internationalization. In this context social, institutional and economic factors, which are excepted as perhaps most important, and the investment purposes we considered when the FDI decide is taken. This paper combines strategic asset seeking FDI with its economic determinants and the high value-added manufacturing industry. In this regard, economic causality analysis is done by conducting a Granger Causality Test between TUBITAK R&D expenditures and FDI in the high value-added manufacturing industry, which is regarded as FDI seeking strategic assets in this paper. As a result of the causality test it is found out that the Granger Causality Test is unidirectional runnigs from R&D expenditures to FDI seeking strategic assets.

Özet

Doğrudan Yabancı Yatırımlar (DYY) uluslararasılaşma sürecinin en ileri boyutunu ifade etmektedir. Bu bağlamda, DYY kararı alınırken ev sahibi ülkenin sosyal, kurumsal ve belki de en çok iktisadi faktörleri ve yatırım yapma amacı dikkate alınır. Bu çalışma stratejik varlık arayan DYY türünün iktisadi belirleyicilerini yüksek katma değerli imalat sanayi ile birleştirmiştir. Bu bağlamda, TÜBİTAK Ar-Ge giderleri ve stratejik varlık arayan DYY kapsamında ele alınan yüksek katma değerli imalat sanayine gelen DYY ile iki değişkenli bir model oluşturularak Granger Nedensellik Testi yapılmıştır. İktisadi nedensellik testi sonucunda TÜBİTAK Ar-Ge giderlerinden stratejik varlık arayan DYY’ye doğru tek yönlü bir nedensellik ilişkisi tespit edilmiştir.

🔖

Cite This Article

HAYALİ, A. S., KÜÇÜKOSMAN, A. (2022). The Analysis of the Relationship between New Strategic Assets SeekingForeign Direct Investment and R&D: Turkish Case. Maliye Dergisi, Cilt: 0 - Sayı: 178, 62–81. https://ajindex.com/articles/577880

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (12)

  1. Agiomirgianakis, G., Asteriou, D. ve Papathoma, K. (2003), The Determinants of Foreign Direct Investment: A Panel Data Study for the OECD Countries, Department of Economics, City University London. Alfaro, L. ve Charlton, A. (2010), “Growth and the Quality of Foreign”, Joseph E. Stiglitz ve Justin Yifu Lin (Ed.), The Industrial Policy Revolution I The Role of Government Beyond Ideology, 1. Baskı içinde (162-204),
  2. Palgrave Macmillan. Alfaro, L. ve Charlton, A. (2013), “Growth and the Quality of Foreign Direct Investment”, n the Industrial Policy Revolution I (162-204),
  3. Palgrave Macmillan, London. Almeida, P. (1996), “Knowledge Sourcing By Foreign Multinationals: Patent Citation Analysis in the US Semiconductor Industry”, Strategic Management Journal, 17(S2), 155-165.
  4. Bilim, Sanayi ve Teknoloji Bakanlığı (2015), 2015
  5. Yılı Faaliyet Raporu. Carkovic, M. ve Levine, R. (2002), Does Foreign Direct Investment Accelerate Economic Growth? University of Minnesota (195-220),
  6. Working Paper. Castro, F.B. (2000), “Foreign Direct Investment in the European Periphery: The Competitiveness of Portuga” l, University of Leeds, Unpublished PhD Thesis. Caves, R.E. (1971), “International Corporations: The Industrial Economics of Foreign Investment”, Economica, 38(149), 1-27.
  7. Chudnovsky, D. ve Lopez, A. (1999), “Globalization and developing Countries: Foreign Direct Investment and Growth and Sustainable Human Development”, UN. Chung, W. ve Alcácer, J. (2002), “Knowledge Seeking and Location Choice of Foreign Direct Investment in the United States”, Management Science, 48(12), 1534-1554.
  8. Cui, L., Meyer, K.E. ve Hu, H.W. (2014), “What Drives Firms’ Intent to Seek Strategic Assets by Foreign Direct Investment? A Study of Emerging Economy Firms”, Journal of World Business, 49(4), 488-501.
  9. Dunning, J.H. (1979), Explaining Changing Patterns of International Production: In Defence of the Eclectic Theory, Oxford Bulletin of Economics and Statistics, 41, 269-295.
  10. Dunning, J. (1994), ”Re-evaluating the Benefits of Foreign Direct Investment”, Transnational Corporations Vol.3. Dunning, J.H. (1998), “Location and the Multinational Enterprise: A Neglected Factor?”, Journal of International Business Studies, 29(1), 45-66.
  11. Elia, S. ve Santangelo, G. (2012), ”Strategic Asset-Seeking Acquisitions By Emerging Market Multinationals: The Role of the Industry Context”, In 3rd Copenhagen Conference on:‘Emerging Multinationals’: Outward Investment from Emerging Economies (1-27).
  12. Elia, S. ve Santangelo, G