International Trade and Foreign Direct Investment as Innovation Factors of the U.S. Economy

International Trade and Foreign Direct Investment as Innovation Factors of the U.S. Economy

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The aim of this jeep grand cherokee 5.7 turbo kit research is to asses the hypothesis that foreign direct investment (FDI) and international trade have had a positive impact on innovation in one of the most significant economies in the world, the United States (U.S.).

To do so, the author used annual data from 1995 to 2010 to build a set of econometric models.In each model, 11 in total) the number of patent applications by U.S.

residents is regressed on inward FDI stock, exports and imports of the economy as a collective, and 14765-prb-a01 in each of the 10 SITC groups separately.