Cross-Border Institutions and the Globalization of Innovation

Bian, Bo; Meier, Jean‐Marie; Xu, Ting

doi:10.2139/ssrn.3503092

Cited by 4 publications

(3 citation statements)

References 111 publications

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“…Problems of cross-border regional innovation systems, their conceptual preconditions, empirical evidence and policy foundations are revealed by (Makkonen, Weidenfeld, 2016). The drivers of innovation globalization (Bian, Meier, Ting Xu, 2021) consider strong cross-border institutions to help reduce imbalances in collaboration as well as increase the mobility of innovation processes across countries. The authors argue that, first, cross-border institutions are less affected by shocks, since their processes are mainly domestic rather than international; second, it is difficult to organize and determine the level of innovativeness within a large number of countries.…”

Section: Methodsmentioning

confidence: 99%

“…Interactions lead to technological convergence. The effects are particularly strong for innovative processes and those countries that lag behind in technological development or have weak domestic institutions (Bian, Meier, Jean-Marie and Xu, Ting, 2021). Innovation is characterized by positive consequences and the combining of different resources (Wuchty, Jones, Uzzi, (2007), Bloom, Schankerman, Van Reenen, 2013).…”

Section: Introductionmentioning

confidence: 99%

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Formation and Implementation of Innovation Policy of Cross-Border Regions

Kopylyuk

Tymchyshyn

Muzychka

2021

BJES

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The subject of the research is theoretical, methodological and applied bases of formation and realization of innovative policy of cross-border regions. The following methods were used: analysis and synthesis, induction and deduction (to reveal the essence and characteristic types of innovation policy of cross-border regions), generalization, comparison, grouping (to study the condition and innovation potential of the EU countries and Ukraine), strategic analysis (to develop the basic principles of innovation policy of cross-border regions), and others. The purpose of the article is to reveal the essence, the order of development and instruments of implementation of innovation policy of cross-border region development, as well as systematization of types and justification of approaches to the definition of innovation potential of the cross-border region. Results. The essence, the basic stages of development of innovative policy of the cross-border region were revealed. It was proved that such policy is formed taking into account the innovation component and overcoming the barrier function of the border and the interaction of border territories of 2 or more countries in the implementation of innovations. To create a high degree of interaction in innovation, it is necessary to ensure the development, implementation and realization of innovation on the basis of joint institutional, scientific, educational, financial and resource potentials. The main stages of development of an innovation policy of the cross-border region, in particular: 1) analysis of innovation potential, 2) substantiation of the process of creating a regional innovation system and its management, 3) development of a joint vision, 4) identification of priorities, 5) development of a plan of action with a narrow set of policies, 6) monitoring and evaluation. It characterizes the types of inclusive innovation policy of the cross-border region on the basis of territorial, production and social inclusiveness. It is proved that the innovation policy of a cross-border region provides its innovation functionality, cross-border critical mass and cross-border cooperation. It is reasonable to measure cross-border interactions using quantitative indicators, such as co-financing of innovation, venture capital volumes for innovative start-ups, co-patents, volumes of innovation cooperation, joint publications, mobility of highly qualified personnel to the total number of interactions. The modern financial toolkit for the implementation of cross-border cooperation on an innovative basis is characterized and the practical importance and area of use of the latest financing tools, such as: "Pathfinder", "Accelerator", "Transition", crowdfunding, crowdlending, venture capital, etc. The parameters of identification of the cross-border territory as an innovative region were defined, namely: 1) a developed system of research organizations and educational institutions, 2) a common program for the production of innovative products and technologies, 3) the formation of cross-border business innovation, 4) the use of modern funding tools, 5) achieving cross-border interaction and mutual benefit, 6) the creation of cross-border technology parks and technology incubators, innovative cross-border start-ups, cross-border clusters and growth poles. It is analytically confirmed that in order to create a multifunctional innovative cross-border region it is necessary to enhance the intensity of innovative activity.

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Section: Methodsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Formation and Implementation of Innovation Policy of Cross-Border Regions

Kopylyuk

Tymchyshyn

Muzychka

2021

BJES

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“…Furthermore, we control for the impact of bilateral investment treaties (BITs) between two signatory countries on cross-border activities, as BITs could protect and stimulate foreign investment, for example through cross-border mergers (Bhagwat, Brogaard and Julio, 2021) and international collaboration in producing innovation (Bian, Meier and Xu, 2021). Online Appendix Table B6 shows that the coefficients on political and economic factors remain significant after controlling for the BIT effect.…”

Section: Do Country-level Factors Influence Soes' Decisions On Cross-...mentioning

confidence: 99%

State‐Owned Enterprises and Cross‐Border Alliances

Huang

Ozkan

2023

British J of Management

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This study examines the international alliance activities of state‐owned enterprises (SOEs). We find that country‐level political and economic factors, such as autocracy, foreign ownership restrictions, foreign currency reserve, and industry dissimilarity, increase the likelihood of SOEs’ participation in cross‐border alliances. Our analyses further reveal that foreign firms tend to collaborate with local SOEs when facing high expropriation risks and the presence of a state‐dominated banking system in the host country. Further, foreign firms experience higher announcement returns when they ally with local SOEs rather than with non‐SOEs. This result suggests that the exclusive benefits from SOEs are value‐creating for the international alliance partners. Overall, our findings provide novel insights into the determinants and wealth effect of SOEs’ engagement in international alliance activities.

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The Impact of Institutions on Innovation

Donges

Meier²,

Silva

2017

SSRN Journal

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This paper studies the impact of institutional reforms on innovation. We use the timing and geography of the French occupation of dierent regions of Germany after the French Revolution of 1789 as an exogenous shock to the institutions of those regions. Combining novel countylevel data on Imperial Germany with data on patents per capita, we show that counties whose institutions are more inclusive as a result of the French occupation become more innovative. The institutional reforms that are associated with comparing a county with no occupation to a county with the longest occupation, result in a 129% increase in the number of patents per capita. This result is robust to alternative explanations, such as reverse causality, human capital and nancial development. Our ndings point to institutions as a rst order determinant of innovation and highlight the role of innovation as a key mechanism through which institutions may lead to economic growth.

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Cross-Border Institutions and the Globalization of Innovation

Cited by 4 publications

References 111 publications

Formation and Implementation of Innovation Policy of Cross-Border Regions

Formation and Implementation of Innovation Policy of Cross-Border Regions

State‐Owned Enterprises and Cross‐Border Alliances

The Impact of Institutions on Innovation

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