Effects of economic clusters, FDI and R&D on Innovation: Developing Countries in European Monetary Union Example

This study investigates the impact of clusters, FDI, R&D, and GDP per capita on innovation. Using a unique panel dataset obtained from eight developing countries with similar innovation levels that are in and out of economic clusters from 2001-2014. The empirical results show that dynamic (u...

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Detalhes bibliográficos
Autores: Yıldırım, Durmuş Çağrı, ARUN, KORHAN
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2019
País:Brasil
Recursos:Universidade Nove de Julho (UNINOVE)
Repositório:International Journal of Innovation (São Paulo)
Idioma:inglês
OAI Identifier:oai:ojs.periodicos.uninove.br:article/16491
Acesso em linha:https://periodicos.uninove.br/innovation/article/view/16491
Access Level:Acceso aberto
Palavra-chave:Intellectual Property Payments
Innovation
Economic Clusters
EMU
FDI
R&D
Descrição
Resumo:This study investigates the impact of clusters, FDI, R&D, and GDP per capita on innovation. Using a unique panel dataset obtained from eight developing countries with similar innovation levels that are in and out of economic clusters from 2001-2014. The empirical results show that dynamic (uncountable) effects of clusters are not statistically significant on innovation, but static effects (countable) are. Therefore, clusters are effective for developing countries on trade but not innovation directly that developing country should increase trade for innovation spillover by moderation effect of being in economic unions.