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...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universiti Putra Malaysia
2015
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/46069/ http://psasir.upm.edu.my/id/eprint/46069/1/3.%20R%26D%20Spillovers%20and%20the%20Role%20of%20Economic%20Freedom.pdf |
| _version_ | 1848850588599582720 |
|---|---|
| author | Tee, Chee-Lip Wan Ngah, Wan Azman Saini Ibrahim, Saifuzzaman Ismail, Normaz Wana |
| author_facet | Tee, Chee-Lip Wan Ngah, Wan Azman Saini Ibrahim, Saifuzzaman Ismail, Normaz Wana |
| author_sort | Tee, Chee-Lip |
| building | UPM Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-15T10:08:41Z |
| format | Article |
| id | upm-46069 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T10:08:41Z |
| publishDate | 2015 |
| publisher | Universiti Putra Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-460692022-03-24T00:59:28Z http://psasir.upm.edu.my/id/eprint/46069/ R&D spillovers and the role of economic freedom Tee, Chee-Lip Wan Ngah, Wan Azman Saini Ibrahim, Saifuzzaman Ismail, Normaz Wana 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. Universiti Putra Malaysia 2015 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/46069/1/3.%20R%26D%20Spillovers%20and%20the%20Role%20of%20Economic%20Freedom.pdf Tee, Chee-Lip and Wan Ngah, Wan Azman Saini and Ibrahim, Saifuzzaman and Ismail, Normaz Wana (2015) R&D spillovers and the role of economic freedom. International Journal of Economics and Management, 9 (spec.). pp. 41-60. ISSN 1823-836X https://www.researchgate.net/publication/288228960_R_D_spillovers_and_the_role_of_economic_freedom |
| spellingShingle | Tee, Chee-Lip Wan Ngah, Wan Azman Saini Ibrahim, Saifuzzaman Ismail, Normaz Wana R&D spillovers and the role of economic freedom |
| title | 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_short | R&D spillovers and the role of economic freedom |
| title_sort | r&d spillovers and the role of economic freedom |
| url | http://psasir.upm.edu.my/id/eprint/46069/ http://psasir.upm.edu.my/id/eprint/46069/ http://psasir.upm.edu.my/id/eprint/46069/1/3.%20R%26D%20Spillovers%20and%20the%20Role%20of%20Economic%20Freedom.pdf |