... availability of data, a sample includes 32 developing countries from South Asia, East Asia, Sub-Saharan Africa, and Latin America is used A more details of the data and variables are given in the Appendix ... building institutions, maintaining favorable external economic policies tend to increase R&D and to maintain higher growth According to the findings of the thesis, government institutions and external ... of Variables and Data The net FDI as a share of GDP is used as the dependent variable FDI is defined as an investment involving a long-term relationship and reflecting a lasting interest and...