The Role of Foreign Direct Investment and State Capture in Shaping Innovation Outcome in Russia

Natalya Smith; Katerina Thomas

doi:10.1080/09668136.2015.1042430

The Role of Foreign Direct Investment and State Capture in Shaping Innovation Outcome in Russia

Natalya Smith^*
, Katerina Thomas

^*Corresponding author for this work

Research output: Contribution to Journal › Article › peer-review

Abstract

This article explores the linkage between foreign direct investment, grand corruption (that is, state capture) and innovation in Russia's regions in between 1997 and 2010. The results indicate that during the period under investigation both foreign direct investment and state capture were the significant determinants of innovation outcome. What is also interesting is that a positive impact of state capture on innovation through foreign firms, and a negative impact—through exporting—was observed.

Original language	English
Pages (from-to)	777-808
Number of pages	32
Journal	Europe-Asia Studies
Volume	67
Issue number	5
Early online date	29 Jun 2015
DOIs	https://doi.org/10.1080/09668136.2015.1042430
Publication status	E-pub ahead of print - 29 Jun 2015

Bibliographical note

My research applies theories and concepts related to international business, innovation and entrepreneurship. My research interests include technological learning, innovation, entrepreneurship and creativity. I have a special interest in disruptive technologies currently research the effect of artificial intelligence on different sectors and industries.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 16 Peace, Justice and Strong Institutions
SDG 17 Partnerships for the Goals

Keywords

Innovation
State capture
Corruption
Russia

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10.1080/09668136.2015.1042430

Dr Katerina Thomas
- katerina.thomasnorthampton.acuk
- University of Northampton, School of Professional Business Education - Senior Lecturer in Business Entrepreneurship
- Centre for Sustainable Business Practices
Person: Academic

Cite this

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AB - This article explores the linkage between foreign direct investment, grand corruption (that is, state capture) and innovation in Russia's regions in between 1997 and 2010. The results indicate that during the period under investigation both foreign direct investment and state capture were the significant determinants of innovation outcome. What is also interesting is that a positive impact of state capture on innovation through foreign firms, and a negative impact—through exporting—was observed.

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The Role of Foreign Direct Investment and State Capture in Shaping Innovation Outcome in Russia

Abstract

Bibliographical note

UN SDGs

Keywords

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Dr Katerina Thomas

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