The impact of internationalization on innovation at countries' level: The role of absorptive capacity
Journal article
Filippetti, A, Frenz, M and Ietto-Gillies, G. (2016). The impact of internationalization on innovation at countries' level: The role of absorptive capacity. Cambridge Journal of Economics. 41 (2), pp. 413-439. https://doi.org/10.1093/cje/bew032
Authors | Filippetti, A, Frenz, M and Ietto-Gillies, G. |
---|---|
Abstract | © The Author 2016. This paper analyses the impact of internationalization on the innovation performance of 40 countries. Internationalization variables are represented by outward and inward foreign direct investment, and by imports and exports; innovation is proxied with triadic patent applications. We take account of the influence of absorptive capacity-in both a linear and non-linear form-in the relationship between internationalization and innovation. Our results suggest that outward FDI is positively associated with patenting. Countries with high absorptive capacity benefit more, though there are diminishing returns. We find there is a negative association between inward FDI and patenting in countries with low absorptive capacity where FDI may displace local infant activities and stun further development of related local knowledge. We find support for the view that the innovation performance of countries with low absorptive capacity benefits from imports as well as from exports. |
Keywords | Economic Theory; Applied Economics; Other Economics; Economics |
Year | 2016 |
Journal | Cambridge Journal of Economics |
Journal citation | 41 (2), pp. 413-439 |
Publisher | Oxford University Press (OUP) |
ISSN | 0309-166X |
Digital Object Identifier (DOI) | https://doi.org/10.1093/cje/bew032 |
Publication dates | |
15 Jul 2016 | |
Publication process dates | |
Deposited | 08 Mar 2018 |
Accepted | 16 May 2016 |
Accepted author manuscript | License File Access Level Open |
https://openresearch.lsbu.ac.uk/item/87327
Download files
Accepted author manuscript
Filippetti Frenz I-G final Oct10.doc | ||
License: CC BY 4.0 | ||
File access level: Open |
117
total views100
total downloads1
views this month0
downloads this month