Globalisation and innovation activity in developing countries
This paper is an empirical assessment of the impacts of globalisation on innovative activity across developing countries. The focus is on the role of trade and capital account openness. Extreme-Bound-Analysis (EBA) approach is applied to analyse data from 58 countries over the 1996-2011 period. Thou...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Faculty of Economics and Administration, University of Malaya
2018
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| Online Access: | http://psasir.upm.edu.my/id/eprint/72849/ http://psasir.upm.edu.my/id/eprint/72849/1/Globalisation%20and%20innovation%20activity%20in%20developing%20countries.pdf |
| _version_ | 1848857217831272448 |
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| 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 |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This paper is an empirical assessment of the impacts of globalisation on innovative activity across developing countries. The focus is on the role of trade and capital account openness. Extreme-Bound-Analysis (EBA) approach is applied to analyse data from 58 countries over the 1996-2011 period. Though globalisation leads to greater interaction between countries through trade and Foreign Direct Investment (FDI), not all of these interactions affect domestic innovation activities. The result reveal only imports of machinery and equipment promote domestic innovation activity while there is insufficient empirical evidence to suggest that this relationship exists for imports of manufactured goods and FDI inflows. This finding is consistent with the view that import is a more important channel for technology transfer than FDI. |
| first_indexed | 2025-11-15T11:54:03Z |
| format | Article |
| id | upm-72849 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T11:54:03Z |
| publishDate | 2018 |
| publisher | Faculty of Economics and Administration, University of Malaya |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-728492021-03-16T08:17:34Z http://psasir.upm.edu.my/id/eprint/72849/ Globalisation and innovation activity in developing countries Tee, Chee Lip Wan Ngah, Wan Azman Saini Ibrahim, Saifuzzaman This paper is an empirical assessment of the impacts of globalisation on innovative activity across developing countries. The focus is on the role of trade and capital account openness. Extreme-Bound-Analysis (EBA) approach is applied to analyse data from 58 countries over the 1996-2011 period. Though globalisation leads to greater interaction between countries through trade and Foreign Direct Investment (FDI), not all of these interactions affect domestic innovation activities. The result reveal only imports of machinery and equipment promote domestic innovation activity while there is insufficient empirical evidence to suggest that this relationship exists for imports of manufactured goods and FDI inflows. This finding is consistent with the view that import is a more important channel for technology transfer than FDI. Faculty of Economics and Administration, University of Malaya 2018-10 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/72849/1/Globalisation%20and%20innovation%20activity%20in%20developing%20countries.pdf Tee, Chee Lip and Wan Ngah, Wan Azman Saini and Ibrahim, Saifuzzaman (2018) Globalisation and innovation activity in developing countries. Institutions and Economies, 10 (4). pp. 1-18. ISSN 2232-1640; ESSN: 2232-1349 https://ijie.um.edu.my/index.php/ijie/article/view/13442 |
| spellingShingle | Tee, Chee Lip Wan Ngah, Wan Azman Saini Ibrahim, Saifuzzaman Globalisation and innovation activity in developing countries |
| title | Globalisation and innovation activity in developing countries |
| title_full | Globalisation and innovation activity in developing countries |
| title_fullStr | Globalisation and innovation activity in developing countries |
| title_full_unstemmed | Globalisation and innovation activity in developing countries |
| title_short | Globalisation and innovation activity in developing countries |
| title_sort | globalisation and innovation activity in developing countries |
| url | http://psasir.upm.edu.my/id/eprint/72849/ http://psasir.upm.edu.my/id/eprint/72849/ http://psasir.upm.edu.my/id/eprint/72849/1/Globalisation%20and%20innovation%20activity%20in%20developing%20countries.pdf |