Innovation in Emerging Economies: The Spillover Effects of Foreign Direct Investment and Institutions in Russia

Natalya Smith*, Katerina Thomas

*Corresponding author for this work

Research output: Contribution to Book/ReportChapterpeer-review

Abstract

Economic literature has long emphasized the positive relationship between innovation and economic growth (Baumol, 1968; Cooke, 1998). Innovation capability has been acknowledged to differ across countries and sub-national regions (Lee and Peterson, 2000; Acs et al., 2002; Fritsch, 2002; Michaelides et al., 2004). Academic literature, however, still lacks studies, examining the effect of the regional variations in the business environment on innovation output, for example, on patents, products or services (Rogers, 1998).
Original languageEnglish
Title of host publicationInstitutional Impacts on Firm Internationalization
EditorsS Marinova
PublisherPalgrave Macmillan, London
Chapter7
Pages146-172
Number of pages27
ISBN (Electronic)9781137446350
ISBN (Print)9781349495993, 9781137446336
Publication statusPublished - 1 Jan 2015

Keywords

  • Economy
  • Innovation
  • Emerging economics
  • Foreign direct investment

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