R&D spillovers and the role of economic freedom
This paper examines the role of economic freedom plays in moderating research and development (R&D) spillovers from developed to developing countries. Two channels are analyzed namely import and international student flows. The empirical results based on generalized method-of-moment system estim...
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International Journal of Economics and Management, Universiti Putra Malaysia
2015
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oai:www.myjurnal.my:965762018-09-20T00:00:00Z R&D spillovers and the role of economic freedom Nik Zainun Economics & finance This paper examines the role of economic freedom plays in moderating research and development (R&D) spillovers from developed to developing countries. Two channels are analyzed namely import and international student flows. The empirical results based on generalized method-of-moment system estimation on a panel of 75 developing countries show that spillover effects through import and international student flow are significant, but the latter channel appear to be more important in term of magnitude. This finding is consistent with view that technology diffusion via human capital mobility should not be underestimated. More importantly, the finding reveals that countries with higher level of economic freedom benefit more from R&D spillovers. This provides further support to the idea that successful knowledge acquisition requires absorptive capacity. International Journal of Economics and Management, Universiti Putra Malaysia Tee Chee-Lip 2015-00-00 Journal application/pdf 96576 www.myjurnal.my/filebank/published_article/464373.pdf www.myjurnal.my/public/article-view.php?id=96576 |
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Digital Repository |
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Local Institution |
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MyJournal |
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MyJournal Repository |
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Online Access |
| topic |
Economics & finance |
| spellingShingle |
Economics & finance Nik Zainun R&D spillovers and the role of economic freedom |
| description |
This paper examines the role of economic freedom plays in moderating
research and development (R&D) spillovers from developed to
developing countries. Two channels are analyzed namely import and
international student flows. The empirical results based on generalized
method-of-moment system estimation on a panel of 75 developing
countries show that spillover effects through import and international
student flow are significant, but the latter channel appear to be more
important in term of magnitude. This finding is consistent with view
that technology diffusion via human capital mobility should not be
underestimated. More importantly, the finding reveals that countries
with higher level of economic freedom benefit more from R&D
spillovers. This provides further support to the idea that successful
knowledge acquisition requires absorptive capacity. |
| author2 |
Tee Chee-Lip |
| author_facet |
Tee Chee-Lip Nik Zainun |
| format |
Journal |
| author |
Nik Zainun |
| author_sort |
Nik Zainun |
| title |
R&D spillovers and the role of economic freedom |
| title_short |
R&D spillovers and the role of economic freedom |
| title_full |
R&D spillovers and the role of economic freedom |
| title_fullStr |
R&D spillovers and the role of economic freedom |
| title_full_unstemmed |
R&D spillovers and the role of economic freedom |
| title_sort |
r&d spillovers and the role of economic freedom |
| publisher |
International Journal of Economics and Management, Universiti Putra Malaysia |
| publishDate |
2015 |
| url |
http://www.myjurnal.my/public/article-view.php?id=96576 |
| first_indexed |
2018-09-20T13:48:05Z |
| last_indexed |
2018-09-20T13:48:05Z |
| _version_ |
1612241986680520704 |