Determinants of internal versus external R&D offshoring: Evidence from Spanish firms

Mery Tamayo Plata () and Elena Huergo

No 12452, Documentos de Trabajo de Valor Público from Universidad EAFIT

Abstract: This paper analyzes the determinants of R&D offshoring of Spanish firms using information from the Panel of Technological Innovation. We find that being an exporter, continuous R&D engagement, applying for patents, being a subsidiary, and firm size are factors that positively affect the decision to offshore R&D. In addition, we obtain that the factors that influence this decision for firms that belong to a business group differ depending on whether the firm purchases R&D services within the group or through the market: the lack of information is an obstacle relatively less important for internal R&D offshoring than for external R&D offshoring, while a higher degree of importance assigned to institutional and market sources of information for innovation as compared to internal sources increases the probability of R&D offshoring through the market.

Keywords: R&D offshoring; firms’ strategies; obstacles to innovation; independent firms; sub‐sidiaries (search for similar items in EconPapers)
JEL-codes: L24 O32 (search for similar items in EconPapers)
Pages: 34
Date: 2014-12-15
New Economics Papers: this item is included in nep-cse, nep-ino, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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http://hdl.handle.net/10784/4647

Related works:
Working Paper: Determinants of Internal Versus of External R&D Offshoring: Evidence from Spanish Firms (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:col:000122:012452

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