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Internationalization of Research and Development Activities: Case of European Countries And Turkey

Burcu Türkcan () and A. Aysen Kaya ()
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A. Aysen Kaya: Department of Economics, Dokuz Eylül University

No 1101, Working Papers from Ege University, Department of Economics

Abstract: The main purpose of this paper is to test the impacts of foreign direct investments and imports on research and development intensities of European Countries and Turkey. A panel data analysis has been applied to test the relationship between foreign direct investments, imports and research and development intensity for the time period of 1995 – 2007. Following the literature, we assumed that foreign direct investments have positive and import has negative impacts on research and development intensity. Moreover as a result of econometric estimation, we explored that net foreign direct investments inflows, one-year lagged value of net foreign direct investments inflows and one-year lagged value of research and development intensity have positive impacts on the current research and development intensity. On the other hand, current value of imports and its one-year lagged value have statistically no significant effect on the dependent variable.

Keywords: R&D Intensity; FDI; Panel Data Analysis (search for similar items in EconPapers)
Pages: 19 pages
Date: 2011-12
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http://iibf.ege.edu.tr/economics/papers/wp11-01.pdf First version, 2011 (application/pdf)

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