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2016 | 19 | 1 | 5-25
Article title

Foreign Direct Investments Induced Innovation? A Case Study − Macedonia

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Content
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EN
Abstracts
EN
This paper, while analysing innovation in Southeast Europe, and in particular the case study of Macedonia, focuses on the basic ties between foreign direct investments and innovation. Foreign direct investment is usually defined as dominant or controlling ownership of a company in one country (the host country), by an entity based in another country. The concept of industry-government- university relationships interprets the change from a dominating industry-government duo in the ‘industrial society’ to a growing triadic relationship between industry-government-university in the ‘knowledge society’. From the beginning of the transition process, foreign direct investments have been a priority, an essential pillar that moves the society forward towards a developed market economy. In addition, as the influx of capital increases it inevitably brings with it increased innovation. Hence we examine the possibility that these two indicators have a positive and upward ascent and facilitate the development of the economy.
Keywords
Year
Volume
19
Issue
1
Pages
5-25
Physical description
Dates
published
2016-03-01
online
2016-04-15
Contributors
References
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Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.ojs-doi-10_1515_cer-2016-0001
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