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  • We analyze the role of innovation in the technological development of four new members of the European Union: the Czech Republic, Hungary, Poland, and Slovakia. For that purpose, we use a novel approach, modeling the empirical relationship between intraindustrial bilateral trade flows, which represent the level of technological progress, and innovation expenditures within the context of a gravity model having a set of appropriate instrumental variables to account for the potential endogeneity of innovation to trade. We show that innovation efforts in high-tech industries exhibit a strong effect on the technological progress of the region and they are closely linked to foreign direct investment and multinationals. As foreign-owned subsidiaries become a part of the innovation systems and industrial structure of the host country, they promote overall technological growth in the region.
  • We analyze the role of innovation in the technological development of four new members of the European Union: the Czech Republic, Hungary, Poland, and Slovakia. For that purpose, we use a novel approach, modeling the empirical relationship between intraindustrial bilateral trade flows, which represent the level of technological progress, and innovation expenditures within the context of a gravity model having a set of appropriate instrumental variables to account for the potential endogeneity of innovation to trade. We show that innovation efforts in high-tech industries exhibit a strong effect on the technological progress of the region and they are closely linked to foreign direct investment and multinationals. As foreign-owned subsidiaries become a part of the innovation systems and industrial structure of the host country, they promote overall technological growth in the region. (en)
Title
  • Technological innovation in new EU markets
  • Technological innovation in new EU markets (en)
skos:prefLabel
  • Technological innovation in new EU markets
  • Technological innovation in new EU markets (en)
skos:notation
  • RIV/00216208:11640/12:00390524!RIV13-GA0-11640___
http://linked.open...avai/predkladatel
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • I, P(GAP403/12/0080)
http://linked.open...iv/cisloPeriodika
  • 5
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 173441
http://linked.open...ai/riv/idVysledku
  • RIV/00216208:11640/12:00390524
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • European Union; foreign direct investment; international trade (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • US - Spojené státy americké
http://linked.open...ontrolniKodProRIV
  • [726524108ACA]
http://linked.open...i/riv/nazevZdroje
  • Emerging Markets Finance and Trade
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
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http://linked.open...vavai/riv/projekt
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 48
http://linked.open...iv/tvurceVysledku
  • Kočenda, Evžen
  • Menezes, A. G.
  • Uzagalieva, A.
http://linked.open...ain/vavai/riv/wos
  • 000314507700004
issn
  • 1540-496X
number of pages
http://bibframe.org/vocab/doi
  • 10.2753/REE1540-496X480503
http://localhost/t...ganizacniJednotka
  • 11640
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