The relationship between foreign direct investment and innovation strategy of selected OECD countries

Bc. Almaz Musayeva

Master's thesis

Abstract:

This thesis examines the critical role of foreign direct investment (FDI) for innovation in the economy. The integration of innovation strategies in FDI decision-making processes is crucial for attracting more FDI and fostering technological progress. The research aims to assess the relationship between FDI and innovation by analyzing the impact of FDI on national innovation elements such as R&D, number of patents, scientific personnel employed, and high-tech product exports. The research questions focus on the direction of the relationship between FDI inflow and a country's innovation capacity, the impact of FDI on high-tech product exports, and the role of research and development in FDI inflows. Panel data analysis will be used to examine the specific factors of each unit and resolve the issue of heterogeneity that arises when working with complicated data sets. The study will use data for 11 countries from 2005 to 2017.

Keywords

foreign direct investment, innovation, R&D, high-tech product exports, panel data analysis

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 4. 4. 2023

Obhajoba závěrečné práce

• Obhajoba proběhla 7. 2. 2024
• Vedúci: doc. Ing. Irena Jindřichovská, CSc.
• Oponent: Eva Jančíková, externi

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme:
Economics and Management