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Multinational enter...
Multinational enterprises and innovation : firm level evidence on spillover via R&D collaboration
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- Lööf, Hans (författare)
- KTH,Samhällsekonomi
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(creator_code:org_t)
- 2008-05-15
- 2009
- Engelska.
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Ingår i: Journal of evolutionary economics. - : Springer Science and Business Media LLC. - 0936-9937 .- 1432-1386. ; 19:1, s. 41-71
- Relaterad länk:
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https://urn.kb.se/re...
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visa fler...
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https://doi.org/10.1...
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Abstract
Ämnesord
Stäng
- This paper estimates the knowledge spillovers to multinational enterprises (MNEs) in Sweden via domestic and foreign R&D collaboration. Applying an augmented generalized method of moments-estimator that accounts for selectivity and simultaneity bias on data from 1,249 MNEs, our research has resulted in five distinct conclusions. First, we find that the knowledge spillovers via R&D collaboration typically take place as a network phenomenon rather than a process between the local firm and a single innovation partner. Second, successful collaboration is conditional on the presence of foreign innovation partners in the network. Third, output is found to be an increasing function of R&D-collaboration only among non-export oriented firms. Fourth, foreign MNEs, selling mainly to local and regional markets in Sweden, benefit more from R&D collaboration than do other firms. Overall, the results show that demand-driven motives that require entrepreneurial knowledge to adapt products to local consumers and markets are more important for successful R&D-collaboration than supply-driven motives.
Nyckelord
- Innovation
- Multinational enterprises
- R&D collaboration
- Spillovers
- international technology diffusion
- foreign subsidiaries
- globalization
- investment
- industries
- network
Publikations- och innehållstyp
- ref (ämneskategori)
- art (ämneskategori)
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