Влияние прямых иностранных инвестиций на экспорт высокотехнологичных товаров в странах G20 / The impact of FDI on high-tech exports in G20 countries
Аннотация
This diploma work, titled "The Impact of Foreign Direct Investment on the Export of High-Tech Goods in the G20 Countries," explores the relationship between foreign direct investment (FDI) and high-tech exports within the G20 nations. The study reveals that FDI has a positive and significant effect on the export of high-tech goods, aligning with existing literature that suggests FDI enhances the productivity and competitiveness of domestic firms and facilitates their access to international markets. The research also indicates variability in the impact of FDI across different countries and industries. Higher economic development levels, a more substantial stock of human capital, and favorable business environments amplify FDI's positive impact.
Furthermore, industries that are research and development (R&D)-intensive, highly globalized, and characterized by strong scale economies benefit more from FDI.
Additionally, the type of FDI plays a crucial role. Both Greenfield investments and mergers and acquisitions (M&As) have a significant positive effect on high-tech exports, whereas other forms of FDI, such as joint ventures, do not show a statistically significant impact.
These findings emphasize the importance of tailoring policy frameworks to consider the heterogeneous impacts of FDI across different contexts and types of investments. The study provides valuable insights for policymakers, businesses, and other stakeholders by highlighting the potential of FDI to promote high-tech exports and suggesting more nuanced approaches to attract and leverage FDI for economic growth and development.
Furthermore, industries that are research and development (R&D)-intensive, highly globalized, and characterized by strong scale economies benefit more from FDI.
Additionally, the type of FDI plays a crucial role. Both Greenfield investments and mergers and acquisitions (M&As) have a significant positive effect on high-tech exports, whereas other forms of FDI, such as joint ventures, do not show a statistically significant impact.
These findings emphasize the importance of tailoring policy frameworks to consider the heterogeneous impacts of FDI across different contexts and types of investments. The study provides valuable insights for policymakers, businesses, and other stakeholders by highlighting the potential of FDI to promote high-tech exports and suggesting more nuanced approaches to attract and leverage FDI for economic growth and development.