Subnational Institutional Differences and FDI Spillovers Behind the R&D–Performance Relationship in Russia

S. Lebedev,Mike W. Peng

Published 2024 in Thunderbird International Business Review

ABSTRACT

This study explores how subnational institutional differences in a large emerging economy—Russia—influence the relationship between research and development (R&D), foreign direct investment (FDI) spillovers, and firm performance. We find that the relationship between R&D and firm performance is positively moderated by subnational institutional development. Furthermore, we find that FDI will more positively moderate the relationship between R&D and firm performance if subnational institutional development is also higher, thus showing that subnational institutional development may foster the positive spillover effect of FDI on local firms.

PUBLICATION RECORD

  • Publication year

    2024

  • Venue

    Thunderbird International Business Review

  • Publication date

    2024-09-10

  • Fields of study

    Not labeled

  • Identifiers
  • External record

    Open on Semantic Scholar

  • Source metadata

    Semantic Scholar

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CLAIMS

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REFERENCES

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