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FDI, R&D and Human Capital in Central and Eastern European Countries

Cristiano Perugini, Fabrizio Pompei and Marcello Signorelli

No 48/2008, Quaderni del Dipartimento di Economia, Finanza e Statistica from Università di Perugia, Dipartimento Economia

Abstract: The recent literature dealing with the determinants of Foreign Direct Investments (FDI) has increasingly emphasised the importance of technological aspects, as both attractive factors and FDI-related technological transfer effects. Focusing on the second perspective, this paper explores the theoretical and empirical relationships between innovative inputs (particularly FDI) and innovative outputs in the EU-27 countries, focusing in particular on the Central and Eastern European countries (CEECs). Findings provide evidence of strong East/West specificities, but also of marked heterogeneity within the CEECs, thus supporting our approach, which emphasises complexity and the specificities of productive and economic conditions.

Keywords: FDI; Technological spillovers; Knowledge complementarity; Innovative inputs and outputs (search for similar items in EconPapers)
JEL-codes: O33 P20 P33 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2008-03-17
References: Add references at CitEc
Citations: View citations in EconPapers (13)

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