This paper examines the effect of host-location financial development (HFD) on foreign direct investment (FDI) in 166 Chinese cities between 2003 and 2009. Using pooled panel and generalized two-stage least square estimators, we find a complementary HFD-FDI nexus, and that this is particularly...

As China is moving toward an innovation-driven economy, this paper offers new insights for both policymakers and investors to optimize the effectiveness of investment performance. This paper studies China's provincial research activities with a focus on the spillover-induced productivity and...

Using techniques of data collection and mapping as overlays to Google Maps – on the basis of patent information available online at the U.S. Patent and Trademark Office (USPTO) – we point at two major and interconnected challenges that policy-makers face in Central and Eastern Europe (CEE)...

The aim of this study is to show regional differences as local effects of foreign investments in the dual economy of Hungary. We first introduce three knowledge functions (knowledge exploitation, knowledge exploration, and organizational control) of innovation systems. These functions are...

In this study, we show how internationalization and foreign-owned firms influence synergies in the regional innovation systems of Hungary. We first distinguish three innovation system functions (knowledge exploitation, knowledge exploration, and organizational control) operating in regions and...