Determinant of Innovation and its Impact on Foreign Direct Investment: Context of Europe

Abstract

Foreign direct Investment (FDI) is the main drivers for economy and innovation and technology are involving a strong resemblance to economic activities. The five components of innovation is taken in this research is from the world innovation index 2017.After this the literature try to explain this component. We applied the multi regression analysis on each predefined innovation component. This research tested the twenty innovation’s independent determinant. The dependent variable taken in this research is FDI. Area of this research is EU32.

Foreign direct Investment (FDI) is the main drivers for economy and innovation and technology are involving a strong resemblance to economic activities. The five components of innovation is taken in this research is from the world innovation index 2017.After this the literature try to explain this component. We applied the multi regression analysis on each predefined innovation component. This research tested the twenty innovation’s independent determinant. The dependent variable taken in this research is FDI. Area of this research is EU32.