Innovation, Foreign Direct Investment and Growth
Bibliographic Data
| ID | 9727950 |
|---|---|
| Authors | Uwe Walz (0000-0003-4287-3486, University of Mannheim, corresponding author) |
| Year | 1997 |
| Volume | 64 |
| Issue | 253 |
| Pages | 63-79 |
| Publication date | 1997-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1468-0335.00064 |
| OpenAlex | W2028214825 |
| Language | EN |
| Citations received | 4 |
| References cited | 4 |
Direct foreign investment is incorporated in a dynamic general equilibrium model with endogenous technological change. In contrast to recent endogenous growth approaches, I allow for geographical separation of the innovation and production of newly developed goods. Firms acquire specific knowledge through R&D investment in the more developed country and use their specific asset to establish a production plant in the low‐cost country. Foreign direct investment is accompanied by interregional spillovers of knowledge from the more to the less advanced country. I derive a steady‐state equilibrium with active innovation and production activities in the high‐technology sector in both countries. Furthermore, the implications of factor flow liberalization as well as of industrial policies are investigated
Asset (computer security) · Business · Economic system · Economics · Endogenous growth theory · Foreign direct investment · General equilibrium theory · Human capital · Industrial organization · International economics · International trade · Investment (military) · Liberalization · Macroeconomics · Market economy · Microeconomics · Production (economics) · Technological change · Economic Growth and Productivity · Global trade and economics · International Business and FDI
Would Financial Development Help China Achieve Carbon Peak Emissions
Does foreign direct investment affect growth in Mena countries? A semi-parametric fixed-effects approach
Foreign Direct Investment and Economic Growth
Exploring the potential of institutional quality in determining technological innovation
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,33 |
| Citation span | 2014 - 2022 (9) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |