Innovation in Emerging Economies: The Spillover Effects of Foreign Direct Investment and Institutions in Russia

Natalya Smith and Ekaterina Thomas

Chapter 7 in Institutional Impacts on Firm Internationalization, 2015, pp 146-172 from Palgrave Macmillan

Abstract: Abstract Economic literature has long emphasized the positive relationship between innovation and economic growth (Baumol, 1968; Cooke, 1998). Innovation capability has been acknowledged to differ across countries and sub-national regions (Lee and Peterson, 2000; Acs et al., 2002; Fritsch, 2002; Michaelides et al., 2004). Academic literature, however, still lacks studies, examining the effect of the regional variations in the business environment on innovation output, for example, on patents, products or services (Rogers, 1998).

Keywords: Foreign Direct Invest; Foreign Investment; American Economic Review; Transition Economy; Domestic Firm (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-44635-0_7

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DOI: 10.1057/9781137446350_7

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