What drive innovation activity in developing countries?
This paper seeks to provide an empirical assessment of the determinants of innovative activity across developing countries by focusing on the roles of trade and capital account openness. The Extreme-Bound-Analysis (EBA) approach is applied to data from 58 countries over the 1996-2011 period. The res...
Main Authors: | , , |
---|---|
Format: | Conference or Workshop Item |
Language: | English |
Published: |
School of Economics, Faculty of Economics and Management, Universiti Kebangsaan Malaysia
2015
|
Online Access: | http://psasir.upm.edu.my/id/eprint/48840/1/What%20drive%20innovation%20activity%20in%20developing%20countries.pdf |
_version_ | 1825930084009115648 |
---|---|
author | Tee, Chee Lip Wan Ngah, Wan Azman Saini Ibrahim, Saifuzzaman |
author_facet | Tee, Chee Lip Wan Ngah, Wan Azman Saini Ibrahim, Saifuzzaman |
author_sort | Tee, Chee Lip |
collection | UPM |
description | This paper seeks to provide an empirical assessment of the determinants of innovative activity across developing countries by focusing on the roles of trade and capital account openness. The Extreme-Bound-Analysis (EBA) approach is applied to data from 58 countries over the 1996-2011 period. The results reveal that human capital is a robust determinant of innovation activity. Meanwhile, the impact of foreign technology inflow is found to be different depending on the indicators used. The results indicate that import of machinery and equipment is a robust determinant of innovation but the impacts of total import, import of manufactured goods, and FDI inflows appear to be fragile. |
first_indexed | 2024-03-06T09:06:14Z |
format | Conference or Workshop Item |
id | upm.eprints-48840 |
institution | Universiti Putra Malaysia |
language | English |
last_indexed | 2024-03-06T09:06:14Z |
publishDate | 2015 |
publisher | School of Economics, Faculty of Economics and Management, Universiti Kebangsaan Malaysia |
record_format | dspace |
spelling | upm.eprints-488402016-11-01T04:49:45Z http://psasir.upm.edu.my/id/eprint/48840/ What drive innovation activity in developing countries? Tee, Chee Lip Wan Ngah, Wan Azman Saini Ibrahim, Saifuzzaman This paper seeks to provide an empirical assessment of the determinants of innovative activity across developing countries by focusing on the roles of trade and capital account openness. The Extreme-Bound-Analysis (EBA) approach is applied to data from 58 countries over the 1996-2011 period. The results reveal that human capital is a robust determinant of innovation activity. Meanwhile, the impact of foreign technology inflow is found to be different depending on the indicators used. The results indicate that import of machinery and equipment is a robust determinant of innovation but the impacts of total import, import of manufactured goods, and FDI inflows appear to be fragile. School of Economics, Faculty of Economics and Management, Universiti Kebangsaan Malaysia 2015 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/48840/1/What%20drive%20innovation%20activity%20in%20developing%20countries.pdf Tee, Chee Lip and Wan Ngah, Wan Azman Saini and Ibrahim, Saifuzzaman (2015) What drive innovation activity in developing countries? In: Tenth Malaysian National Economic Conference (PERKEM), 18-20 Sept. 2015, Melaka, Malaysia. (pp. 463-470). http://www.ukm.my/fep/perkem/contents/perkem2015-12.html |
spellingShingle | Tee, Chee Lip Wan Ngah, Wan Azman Saini Ibrahim, Saifuzzaman What drive innovation activity in developing countries? |
title | What drive innovation activity in developing countries? |
title_full | What drive innovation activity in developing countries? |
title_fullStr | What drive innovation activity in developing countries? |
title_full_unstemmed | What drive innovation activity in developing countries? |
title_short | What drive innovation activity in developing countries? |
title_sort | what drive innovation activity in developing countries |
url | http://psasir.upm.edu.my/id/eprint/48840/1/What%20drive%20innovation%20activity%20in%20developing%20countries.pdf |
work_keys_str_mv | AT teecheelip whatdriveinnovationactivityindevelopingcountries AT wanngahwanazmansaini whatdriveinnovationactivityindevelopingcountries AT ibrahimsaifuzzaman whatdriveinnovationactivityindevelopingcountries |