Foreign Ownership, Foreign Competition and Innovation in Australian Enterprises

Craig Lofts and Joanne Loundes
Additional contact information
Craig Lofts: Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
Joanne Loundes: Melbourne Institute of Applied Economic and Social Research, The University of Melbourne

Melbourne Institute Working Paper Series from Melbourne Institute of Applied Economic and Social Research, The University of Melbourne

Abstract: This paper empirically investigates the relationship between innovative effort, measured by R&D intensity, and foreign shareholding and competition. The data set used is a sample of large Australian firms between 1994 and 1997. Previous studies have used aggregate variables to account for these international factors. The theory and analysis are extended to account for the differing attributes of separate geographic regions. The results show foreign shareholding and competition to be important influences in determining the level of innovative activity in Australia. In particular, strong evidence is found of a positive association of revenue earned in Europe and a negative association of Asian shareholdings with domestic innovation levels.

Pages: 20 pages
Date: 2000-10
New Economics Papers: this item is included in nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://melbourneinstitute.unimelb.edu.au/downloads ... series/wp2000n20.pdf (application/pdf)

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:iae:iaewps:wp2000n20

Access Statistics for this paper

More papers in Melbourne Institute Working Paper Series from Melbourne Institute of Applied Economic and Social Research, The University of Melbourne Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, Victoria 3010 Australia. Contact information at EDIRC.
Bibliographic data for series maintained by Sheri Carnegie ().