A link between innovation performance and inward foreign direct investments: A case of Slovakia

Aneta Bobeni? Hinto?ová () and Michaela Bruothová ()
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Aneta Bobeni? Hinto?ová: Faculty of Business Economics in Ko?ice, University of Economics in Bratislava
Michaela Bruothová: Faculty of Business Economics in Ko?ice, University of Economics in Bratislava

No 9812114, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: There are plenty of studies analysing foreign direct investment flows in connection with other factors, however not so many of them take into consideration also effects on innovation performance of a particular country. The present study investigates a link between macro-level innovation performance and inward foreign direct investments in conditions of Slovakia. The results of regression analysis covering the period between 2003-2017 showed that innovation performance measured by gross expenditures on research and development is negatively influenced by foreign direct investment inflows, especially by greenfield investment projects allocated in Slovakia. This negative effect is even more significant on lagged level, namely one year after the investment allocation.

Keywords: innovation performance; inward foreign direct investment; greenfield investment; mergers and acquisitions (search for similar items in EconPapers)
JEL-codes: F21 F41 O30 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2019-10
New Economics Papers: this item is included in nep-int and nep-tra
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Published in Proceedings of the Proceedings of the 49th International Academic Conference, Dubrovnik, Oct 2019, pages 36-47

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Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:9812114

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