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Journals / Maliye Dergisi / 2019 / Sayı: 177

The Effect of Foreign Direct Investments on R&D Activities: An Empirical Review

Doğrudan Yabancı Yatırımların Ar-Ge Faaliyetleri Üzerine Etkisi: Ampirik Bir İnceleme

Nisa SEÇİLMİŞ
Aylin KONU
Ayla KORKMAZ
Pages
28–39
DOI
—
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AI Summary & Key Takeaways

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

In order to measure this effect, the data of 11 EU member transition economies for 1999-2016 were analyzed by Pesaran (2006) Common Correlated Effects (CCE) method and there was no evidence that FDI had a positive effect on R&D intensity.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Since ensuring sustainable growth in today’s economic environment is possible through research and development (R&D) activities, countries attach great importance to innovation studies.
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Key Findings & Data:As one of the factors affecting R&D intensity, foreign direct investment (FDI) is thought to contribute to the host countries through product and technology, qualified employees, and by creating an incentive effect on R&D.
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Conclusion & Impact:In order to measure this effect, the data of 11 EU member transition economies for 1999-2016 were analyzed by Pesaran (2006) Common Correlated Effects (CCE) method and there was no evidence that FDI had a positive effect on R&D intensity.
🔬Design:Research Article
📍Scope:2016 Verileri
⚙️Variables:Domain Parameters

Abstract

Since ensuring sustainable growth in today’s economic environment is possible through research and development (R&D) activities, countries attach great importance to innovation studies. As one of the factors affecting R&D intensity, foreign direct investment (FDI) is thought to contribute to the host countries through product and technology, qualified employees, and by creating an incentive effect on R&D. In this context, it is aimed to measure the effect of FDI on R&D in this study. In order to measure this effect, the data of 11 EU member transition economies for 1999-2016 were analyzed by Pesaran (2006) Common Correlated Effects (CCE) method and there was no evidence that FDI had a positive effect on R&D intensity.

Özet

Günümüz ekonomik şartlarında sürdürülebilir büyümeyi sağlamak araştırma ve geliştirme (Ar-Ge) faaliyetleri yapmakla mümkün olduğundan ülkeler yenilik çalışmalarına oldukça önem vermektedir. Ar-Ge yoğunluğunu etkileyen faktörlerden birisi olarak doğrudan yabancı yatırımların (DYY) geldikleri ülkelere ürün ve teknoloji, donanımlı çalışan, Ar-Ge üzerinde özendirici etki yaratmak yoluyla katkı sağladığı düşünülmektedir. Bu bağlamda bu çalışmada DYY’nin Ar-Ge üzerindeki etkisini ölçmek amaçlanmıştır. Söz konusu etkiyi ölçmek için 11 AB üyesi geçiş ekonomisinin 1999-2016 yılları arasındaki verileri Pesaran (2006) Ortak Korelasyonlu Etkiler (Common Correlated Effects-CCE) yöntemi ile analiz edilmiş ve DYY’nin Ar-Ge yoğunluğu üzerinde pozitif yönde etkiye sahip olduğuna yönelik herhangi bir bulgu elde edilememiştir.

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Cite This Article

SEÇİLMİŞ, N., KONU, A., KORKMAZ, A. (2019). The Effect of Foreign Direct Investments on R&D Activities: An Empirical Review. Maliye Dergisi, Sayı: 177, 28–39. https://ajindex.com/articles/78838

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