Introduction. Innovative activity is a necessary condition for improving the state of enterprise and its position in market. It based on certain ideas: simple, implementation which does not require significant investment global, fundamental research works costs. However, very often expected effectiveness innovative projects achieved. The risks associated with non-return spent resources increase...

Can You Teach Old Dragons New Tricks? FDI and Innovation Activity in Chinese State-Owned Enterprises We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by Chinese State owned enterprises (SOEs). We use a comprehensive firm level panel data set of Chinese SOEs covering the period 1999 to 2003. Our results show that foreign capital partic...