Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review
Innovations across borders : FDI and innovative capacity of Russian companies. / Väätänen, Juha; Podmetina, Daria; Smirnova, Maria; Aleksandrova, Marina.
Proceedings of the 42nd Annual Hawaii International Conference on System Sciences, HICSS. Institute of Electrical and Electronics Engineers Inc., 2009. 4755719.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review
}
TY - GEN
T1 - Innovations across borders
T2 - 42nd Annual Hawaii International Conference on System Sciences, HICSS
AU - Väätänen, Juha
AU - Podmetina, Daria
AU - Smirnova, Maria
AU - Aleksandrova, Marina
N1 - Innovations across borders: FDI and innovative capacity of Russian companies / J. Väätänen, D. Podmetina, M. Smirnova, M. Aleksandrova // Proceedings of the 42nd Annual Hawaii International Conference on System Sciences. - Waikoloa, HI, 2009. – P. N/A
PY - 2009/4/3
Y1 - 2009/4/3
N2 - This paper studies the role of foreign direct investment (FDI) in the development of innovative capacity of Russian companies. The study is based on innovation survey of R&D oriented companies in St. Petersburg and Moscow. The results show that the labour productivity of foreign companies is 10% higher than domestic companies. As a whole, domestic companies have higher R&D expenditure of sales, 6.5% against 6.2% for foreign companies. There are very small differences between foreign and domestic companies in the innovative capacity measured by new product development or patent activity. On the other hand, according to international statistics the productivity of Russian R&D is very low. Thus the results indicate that FDI has quite limited effect on the development of innovative capacity of Russian companies.
AB - This paper studies the role of foreign direct investment (FDI) in the development of innovative capacity of Russian companies. The study is based on innovation survey of R&D oriented companies in St. Petersburg and Moscow. The results show that the labour productivity of foreign companies is 10% higher than domestic companies. As a whole, domestic companies have higher R&D expenditure of sales, 6.5% against 6.2% for foreign companies. There are very small differences between foreign and domestic companies in the innovative capacity measured by new product development or patent activity. On the other hand, according to international statistics the productivity of Russian R&D is very low. Thus the results indicate that FDI has quite limited effect on the development of innovative capacity of Russian companies.
KW - Foreign direct investment
KW - direct investment
KW - productivity spillovers
KW - SCOPUS
KW - SCOPUS
UR - http://www.scopus.com/inward/record.url?scp=78650760252&partnerID=8YFLogxK
U2 - 10.1109/HICSS.2009.261
DO - 10.1109/HICSS.2009.261
M3 - Conference contribution
AN - SCOPUS:78650760252
SN - 9780769534503
BT - Proceedings of the 42nd Annual Hawaii International Conference on System Sciences, HICSS
PB - Institute of Electrical and Electronics Engineers Inc.
Y2 - 5 January 2009 through 9 January 2009
ER -
ID: 36560324