Foreign direct investment, absorptive capacity and technological innovation: empirical evidence in developing economies
This study investigates the impact of high inflows of FDI and absorptive capacity on technological innovations in developing economies. Utilizing panel data from 1997-2014 for a sample of 39 developing countries and applying the System-GMM estimator, we reached important conclusions. The estimated r...
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Faculty of Economics and Management, Universiti Putra Malaysia
2017
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Online Access: | http://psasir.upm.edu.my/id/eprint/58696/1/5-ASUANTRI_MOHAMAD.pdf http://psasir.upm.edu.my/id/eprint/58696/ http://www.econ.upm.edu.my/upload/dokumen/20170802183231010-ASUANTRI_MOHAMAD.pdf |
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my.upm.eprints.586962018-01-29T09:38:40Z http://psasir.upm.edu.my/id/eprint/58696/ Foreign direct investment, absorptive capacity and technological innovation: empirical evidence in developing economies Mohamad, Asuantri Mhd Bani, Nor Yasmin This study investigates the impact of high inflows of FDI and absorptive capacity on technological innovations in developing economies. Utilizing panel data from 1997-2014 for a sample of 39 developing countries and applying the System-GMM estimator, we reached important conclusions. The estimated results show that FDI and absorptive capacity do not have significant effect on technological innovation when estimated separately. However, the effect changes when we consider the interaction of the variables. This indicates that FDI inflows induce technological innovation in the country with an adequate level of absorptive capacity. The results also imply that both FDI inflows and absorptive capacity are necessary in order to increase technological innovations in the host developing countries. Faculty of Economics and Management, Universiti Putra Malaysia 2017 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/58696/1/5-ASUANTRI_MOHAMAD.pdf Mohamad, Asuantri and Mhd Bani, Nor Yasmin (2017) Foreign direct investment, absorptive capacity and technological innovation: empirical evidence in developing economies. In: Global Conference on Business and Economics Research (GCBER) 2017, 14-15 Aug. 2017, Universiti Putra Malaysia, Serdang, Selangor. (pp. 72-78). http://www.econ.upm.edu.my/upload/dokumen/20170802183231010-ASUANTRI_MOHAMAD.pdf |
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This study investigates the impact of high inflows of FDI and absorptive capacity on technological innovations in developing economies. Utilizing panel data from 1997-2014 for a sample of 39 developing countries and applying the System-GMM estimator, we reached important conclusions. The estimated results show that FDI and absorptive capacity do not have significant effect on technological innovation when estimated separately. However, the effect changes when we consider the interaction of the variables. This indicates that FDI inflows induce technological innovation in the country with an adequate level of absorptive capacity. The results also imply that both FDI inflows and absorptive capacity are necessary in order to increase technological innovations in the host developing countries. |
format |
Conference or Workshop Item |
author |
Mohamad, Asuantri Mhd Bani, Nor Yasmin |
spellingShingle |
Mohamad, Asuantri Mhd Bani, Nor Yasmin Foreign direct investment, absorptive capacity and technological innovation: empirical evidence in developing economies |
author_facet |
Mohamad, Asuantri Mhd Bani, Nor Yasmin |
author_sort |
Mohamad, Asuantri |
title |
Foreign direct investment, absorptive capacity and technological innovation: empirical evidence in developing economies |
title_short |
Foreign direct investment, absorptive capacity and technological innovation: empirical evidence in developing economies |
title_full |
Foreign direct investment, absorptive capacity and technological innovation: empirical evidence in developing economies |
title_fullStr |
Foreign direct investment, absorptive capacity and technological innovation: empirical evidence in developing economies |
title_full_unstemmed |
Foreign direct investment, absorptive capacity and technological innovation: empirical evidence in developing economies |
title_sort |
foreign direct investment, absorptive capacity and technological innovation: empirical evidence in developing economies |
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Faculty of Economics and Management, Universiti Putra Malaysia |
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2017 |
url |
http://psasir.upm.edu.my/id/eprint/58696/1/5-ASUANTRI_MOHAMAD.pdf http://psasir.upm.edu.my/id/eprint/58696/ http://www.econ.upm.edu.my/upload/dokumen/20170802183231010-ASUANTRI_MOHAMAD.pdf |
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