Doğrudan Yabancı Yatırımlarının Yenilik Performansı Üzerindeki Etkisi: Doğrusal Olmayan ARDL Yaklaşımı

Abstract

Yenilikçi firmalar daha fazla rekabet avantajına sahiptir ve doğrudan yabancı yatırımlar da teknoloji transferinin önemli bir kanalıdır. Çalışmamızın amacı, Türkiye’ye gelen doğrudan yabancı yatırımlarının yerli ve yabancı yatırımcının yenilik performansı üzerindeki etkisini analiz etmektir. Analizimiz 1984-2017 dönemlerini kapsamaktadır ve analizimizde yeniliğin göstergesi olarak üç tür patent başvuru sayıları (yerleşikler, yerleşik-olmayanlar ve toplam) kullanılmıştır. Kısa ve uzun dönemde doğrudan yabancı yatırım girişlerinden kaynaklanan pozitif ve negatif şokların yenilik performansı üzerindeki etkisini ayrıştırarak analiz edebilmek için Doğrusal-olmayan ARDL Modeli kullanılmıştır. Analiz bulguları, doğrudan yabancı yatırımlardan kaynaklanan pozitif ve negatif şokların yerel yatırımcıların yenilik performansı üzerindeki etkisinin, yabancı yatırımcılara nazaran, daha fazla olduğunu göstermektedir.

Keywords

• Doğrudan yabancı yatırımlar,Patent başvuruları,Doğrusal-olmayan ARDL

The Impact of Foreign Direct Investment on Innovation Performance: Evidence from a Nonlinear ARDL Approach

Abstract

Innovative firms have a distinct competitive advantage and foreign direct investment is an important channel for technological transfers. The aim of this study is to analyse that foreign direct investment coming into Turkey that affects innovation performance of local and foreign investors. Our analysis covers the period of 1984-2017 and the three types of patent applications (residents, non-residents and total) are used as an indication of innovation in our analysis. The nonlinear ARDL model is applied because the impact of positive and negative shocks that caused foreign direct investments on innovation performance decomposes in short and long term. Analysis results indicate that positive and negative shocks experienced FDI have a greater impact on the innovative performance of local investors than foreign investors.

Keywords

• Foreign direct investments,Patent applications,Nonlinear ARDL

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