Why Southern Mediterranean Countries Fail To Innovate?
Trabelsi Ramzi
American Journal of Economics and Business Administration, 2015, vol. 7, issue 3, 122-129
Abstract:
This paper aims to analyze the factors that influence research investment in the Mediterranean region. We used a robust fixed effects model to analysis a panel of 22 countries for the period 2000-2012. The results showed that the FDI, the high technology export, the human capital devoted to research, intermediate and final production sectors, are significant and stimulate the Southern innovative capacity. The private R&D is a substitution to public R&D. The private returns exceed its social returns to R&D since Southern governments don’t invest too much like private firms in the innovative activities. The role of foreign institutions and international organizations is almost nonexistent in financing the southern research investments. The salaries don’t motivate the researchers and Scientifics since it has a negative effect on the R&D. The imports, the active population, the inflation, the technology infrastructure, the patent production have no effective contributions to the investment in the R&D in the Southern Mediterranean countries.
Keywords: Innovation Determinants; R&D; Mediterranean Region; Panel (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
https://thescipub.com/pdf/ajebasp.2015.122.129.pdf (application/pdf)
https://thescipub.com/abstract/ajebasp.2015.122.129 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:abk:jajeba:ajebasp.2015.122.129
DOI: 10.3844/ajebasp.2015.122.129
Access Statistics for this article
More articles in American Journal of Economics and Business Administration from Science Publications
Bibliographic data for series maintained by Jeffery Daniels (j.daniels@scipub.org).