Enhancing national innovative capacity: The impact of high-tech international trade and inward foreign direct investment

Jie Wu, Zhenzhong Ma*, Shuaihe Zhuo

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

29 Citations (Scopus)

Abstract

Innovation productivity differs across economies and latecomer countries are working hard to close the gap with developed countries. An investigation of 80 countries in the years of 1981–2010 shows that international patenting activities vary across countries. We also find that both high-tech related international export and inward foreign direct investment significantly contributes to emerging countries’ ability to produce cutting-edge technologies, but this effect does not exist for leading innovator countries. Moreover, although this study shows strong intellectual property rights (IPRs) protection is highly correlated with international patenting activities in leading innovator countries, it has a negative impact on emerging innovator countries’ national innovative capacity. The findings thus help better understand the role of international economic activities and IPR in enhancing national innovative capacity, and facilitate emerging countries’ effort to catch up with leading innovator countries.

Original languageEnglish
Pages (from-to)502-514
Number of pages13
JournalInternational Business Review
Volume26
Issue number3
Early online date12 Nov 2016
DOIs
Publication statusPublished - 30 Jun 2017

Keywords

  • Foreign direct investment
  • Intellectual property
  • International trade
  • National innovative capacity
  • Patents

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