The recent literature dealing with the determinants of Foreign Direct Investments (FDI) has growingly 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 theoretically and empirical relationships between innovative inputs (particularly FDI) and innovative outputs in Central and Eastern European (CEE) countries. Our conjecture is that, depending on the technological intensity of production, complementarity of FDI, R&D and skilled labour may favour innovation processes. The results of the empirical analyses provide initial descriptive evidence which corroborates our hypothesis, especially with respect to some specific conditions.
FDI, R&D and Human Capital in Central and Eastern European Countries
PERUGINI, CRISTIANO;POMPEI, Fabrizio;SIGNORELLI, Marcello
2008
Abstract
The recent literature dealing with the determinants of Foreign Direct Investments (FDI) has growingly 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 theoretically and empirical relationships between innovative inputs (particularly FDI) and innovative outputs in Central and Eastern European (CEE) countries. Our conjecture is that, depending on the technological intensity of production, complementarity of FDI, R&D and skilled labour may favour innovation processes. The results of the empirical analyses provide initial descriptive evidence which corroborates our hypothesis, especially with respect to some specific conditions.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.