Technological drivers of R&D location

Mafini Dosso and Antonio Vezzani (antonio.vezzani@ec.europa.eu)
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Antonio Vezzani: European Commission – JRC, https://joint-research-centre.ec.europa.eu/index_en

No JRC98311, JRC Research Reports from Joint Research Centre

Abstract: We discuss the link between corporate R&D internationalization strategies and the countries' technological specialisation. Technological proximity and a country specialisation in emerging technologies are key technological determinants for the location of foreign R&D investments of MNCs. These results imply that countries' technological profiles shape the type of R&D activities they are able to attract. Important policy implications reside in the fact that emerging technologies often derive from the use of existing technologies for new purposes and that radical innovations steam from the (re)combination of mature and emerging technologies from different domains are presented. Accordingly, countries willing to attract R&D-based investments should facilitate the cross-fertilization of existing and new fields and industries.

Keywords: International Knowledge seeking; Multinational Corporations (MNCs); Patents; Emerging Technologies; Technological Proximity (search for similar items in EconPapers)
Date: 2015-11
New Economics Papers: this item is included in nep-cse, nep-edu, nep-ino, nep-ipr, nep-pr~, nep-sbm and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:ipt:iptwpa:jrc98311

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