Multinational firms and the creation of technological linkages in Italy

Claudio Cozza and Antonello Zanfei ()

Revista Cuadernos de Economia, 2018, vol. 37, issue 74, 429-442

Abstract: Using empirical evidence from the Italian R&D survey, we assess the ability of multinational firms in setting-up technological linkages (Extra-muros R&D and R&D cooperation). We have found that Italian multinationals are more prone to perform Extra-muros R&D, while foreign multinationals are better at developing R&D cooperation. However, when selecting only the linkages with local counterparts, we find that foreign multinationals have no advantage vis-a-vis Italian firms; while multinationals still have some advantages in setting-up R&D cooperation with local universities. Results suggest that foreign multinationals can generally exploit “economies of common governance” when setting-up technical linkages, but they face relative disadvantages in terms of embeddedness in local systems. Este artículo, con datos sobre I+D en Italia, mide la capacidad de las empresas multinacionales de crear enlaces tecnológicos (I+D Extra-muros y Cooperación en I+D). Se encuentra que las multinacionales italianas son más propensas en hacer I+D Extramuros, mientras las multinacionales extranjeras desarrollan más la Cooperación en I+D. De todas formas, seleccionando solo a los aliados locales, se obtiene que las multinacionales extranjeras no tienen ventajas en comparación con las empresas italianas, salvo que en el caso de la Cooperación en I+D con universidades. Estos resultados implican que las empresas multinacionales pueden explotar economías de bienes comunes, pero tienen dificultades para integrarse a los sistemas locales.

Keywords: Multinational firms; R&D; technological linkages; universities (search for similar items in EconPapers)
JEL-codes: F10 F23 O33 (search for similar items in EconPapers)
Date: 2018
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Journal Article: Multinational firms and the creation of technological linkages in Italy (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:col:000093:016982

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