Scientific Papers

JOURNAL OF INTERNATIONAL STUDIES


© CSR, 2008-2019
ISSN: 2306-3483 (Online), 2071-8330 (Print)

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Intellectual property rights, R&D expenditures, and high-tech exports in the EU transition economies

Vol. 13, No 1, 2020

 

Yilmaz Bayar

 

Department of Economics, Usak University

Turkey

yilmaz.bayar@usak.edu.tr

Intellectual property rights, R&D expenditures, and high-tech exports in the EU transition economies

Rita Remeikienė

 

Faculty of Economics and Business, Mykolas Romeris University

Lithuania

rita.remeikiene@mruni.eu


Ligita Gasparėnienė

 

Faculty of Economics and Business, Mykolas Romeris University

Lithuania

ligitagaspareniene@mruni.eu


 

 

 

 

Abstract. Several countries have begun to follow export-led growth strategy along with the accelerating liberalization and globalization processes. One of the key goals behind this strategy is to enhance the share of high-tech exports with relatively much higher value added in exports. This study investigates the effect of intellectual property rights and R&D expenditures together with foreign direct investment inflows on high-tech exports of the EU transition economies over the 2000-2016 period through panel data analysis. The methods of this research include systematic and comparative literature analysis, and panel data analysis. The analyses reveal that intellectual property rights and R&D expenditures positively affect high-tech export, while FDI negatively affects high-tech export in the long run.

 

 

Received: June, 2019

1st Revision: February, 2020

Accepted: March, 2020

 

DOI: 10.14254/2071-8330.2020/13-1/9

 

JEL ClassificationC23, F14, O30, O40

KeywordsIntellectual Property Rights, R&D Expenditures, FDI inflows, High-Tech Exports, Panel Data Analysis