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

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Bayar Y., Remeikienė R., Gasparėnienė L.

Journal of International Studies, vol.13, no.1, pp.143-154, 2020 (Scopus) identifier

  • Publication Type: Article / Article
  • Volume: 13 Issue: 1
  • Publication Date: 2020
  • Doi Number: 10.14254/2071-8330.2020/13-1/9
  • Journal Name: Journal of International Studies
  • Journal Indexes: Scopus, EconLit, Directory of Open Access Journals
  • Page Numbers: pp.143-154
  • Keywords: FDI inflows, High-Tech Exports, Intellectual Property Rights, Panel Data Analysis, R&D Expenditures
  • Uşak University Affiliated: No

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.