Creating Value by Enhancing Innovative Capability: the Role of Absorptive Capacity and Institutional Framework

PDF Version Also Available for Download.

Description

Innovations as a source of economic wellbeing and social prosperity has been well researched, albeit primarily done in the context of developed economies. However, of late, interest in the effect of innovation on economic performance and quality of life has been renewed as the world observes the rise of emerging economies, and at the same time, the prolonged recession in the more developed economies (i.e. North America and European countries). There has been a marked increase in the quantity and quality of research and development, spawn by innovative companies from emerging economies that are making their mark in global marketplace. ... continued below

Physical Description

xi, 161 pages : color illustrations

Creation Information

Suryandari, Retno Tanding August 2014.

Context

This dissertation is part of the collection entitled: UNT Theses and Dissertations and was provided by UNT Libraries to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 145 times . More information about this dissertation can be viewed below.

Who

People and organizations associated with either the creation of this dissertation or its content.

Publisher

Rights Holder

For guidance see Citations, Rights, Re-Use.

  • Suryandari, Retno Tanding

Provided By

UNT Libraries

The UNT Libraries serve the university and community by providing access to physical and online collections, fostering information literacy, supporting academic research, and much, much more.

Contact Us

What

Descriptive information to help identify this dissertation. Follow the links below to find similar items on the Digital Library.

Degree Information

Description

Innovations as a source of economic wellbeing and social prosperity has been well researched, albeit primarily done in the context of developed economies. However, of late, interest in the effect of innovation on economic performance and quality of life has been renewed as the world observes the rise of emerging economies, and at the same time, the prolonged recession in the more developed economies (i.e. North America and European countries). There has been a marked increase in the quantity and quality of research and development, spawn by innovative companies from emerging economies that are making their mark in global marketplace. These phenomena challenge the traditional concept that innovation flows from the resource rich developed countries to less developed countries, and that the latter are at a disadvantage in terms of knowledge, technology and competitiveness. Existing studies on national innovation highlight the relationships between innovative capability and its outcomes; however, few have tried to explain the determinants of a nation’s innovative capabilities. Using a sample of 95 countries and panel data analysis covering 28 years of observation, this study attempts to model the determinants of innovative capability at national level, and focuses on absorptive capacity and institutional framework as the main determinants of innovative capability. Further, this study identifies different aspects of absorptive capacity: creation and exploitation of innovation. Findings offer support on the importance of various sources of external knowledge in the creation of innovation, with FDI inflow and High Technology Export as the strongest sources. Corruption as institutional factor has negative effect on innovative capability, whereas openness shows no effect. National absorptive capacity moderates the effect of external knowledge on innovative capability, except on FDI outflow in which a negative effect on trademark application as a measure of innovative capability. The findings suggest that innovative capability and moderating role of absorptive capacity enhance economic wellbeing. Findings show that economic wellbeing increases happiness and income inequality (as the measures of quality of life); same thing as innovative capability, which also increases both happiness and income inequality. This study demonstrates that for happiness, higher education and better infrastructure (as the measure of foundational absorptive capacity) decrease the level of happiness. Higher education and ease access to information may increase expectation, which lead to unhappiness when the expectation is not met. For income inequality, negative effect of the moderating role of absorptive capacity means that higher education and better infrastructure contribute to lowering income inequality. Based on these findings, a nation should continue to attract FDI and trade in high technology because these sources of knowledge contribute to innovative capability. Policy makers can develop country positioning and country’s marketing activities by using the combination of the improvement of national factors and policy reforms. The upgrading of national factors helps to achieve higher economic wellbeing and quality of life in general.

Physical Description

xi, 161 pages : color illustrations

Language

Collections

This dissertation is part of the following collection of related materials.

UNT Theses and Dissertations

Theses and dissertations represent a wealth of scholarly and artistic content created by masters and doctoral students in the degree-seeking process. Some ETDs in this collection are restricted to use by the UNT community.

What responsibilities do I have when using this dissertation?

When

Dates and time periods associated with this dissertation.

Creation Date

  • August 2014

Added to The UNT Digital Library

  • Aug. 21, 2015, 5:42 a.m.

Description Last Updated

  • Feb. 3, 2017, 3:47 p.m.

Usage Statistics

When was this dissertation last used?

Yesterday: 0
Past 30 days: 0
Total Uses: 145

Interact With This Dissertation

Here are some suggestions for what to do next.

Start Reading

PDF Version Also Available for Download.

International Image Interoperability Framework

IIF Logo

We support the IIIF Presentation API

Suryandari, Retno Tanding. Creating Value by Enhancing Innovative Capability: the Role of Absorptive Capacity and Institutional Framework, dissertation, August 2014; Denton, Texas. (https://digital.library.unt.edu/ark:/67531/metadc699854/: accessed May 26, 2019), University of North Texas Libraries, Digital Library, https://digital.library.unt.edu; .