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
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
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http://iibf.ege.edu.tr/economics/papers/wp11-01.pdf First version, 2011 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:ege:wpaper:1101
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