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Assessing the asymmetric linkages between foreign direct investments and indigenous innovation in developing countries: A non-linear panel auto-regressive distributed lag approach

Benjamin Azembila Asunka, Zhiqiang Ma, Mingxing Li, Oswin Aganda Anaba, Nelson Amowine, Weijun Hu · 2020 · South African Journal of Economic and Management Sciences

Summary. Foreign direct investment and indigenous innovation in developing countries have an asymmetric relationship. Increases in FDI boost innovation, while decreases in FDI reduce innovation output. However, FDI declines do not suppress positive innovation changes already underway. The study analyzed 20 developing countries from 1993 to 2017 using non-linear methods, revealing that policymakers must account for these asymmetries when designing development strategies.

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Asunka, B. A., Ma, Z., Li, M., Anaba, O. A., Amowine, N., & Hu, W.. (2020). Assessing the asymmetric linkages between foreign direct investments and indigenous innovation in developing countries: A non-linear panel auto-regressive distributed lag approach. South African Journal of Economic and Management Sciences. https://doi.org/10.4102/sajems.v23i1.3496

Details

DOI
10.4102/sajems.v23i1.3496
Countries
South Africa
Regions
Africa
Categories
innovation-theory, funding, regional-innovation-systems
Added
2026-04-28