Foreign ownership and domestic cooperation for innovation during good and harsh economic times

Antonio García-Sánchez and Ruth Rama

International Journal of Multinational Corporation Strategy, 2020, vol. 3, issue 1, 4-25

Abstract: A sample of firms active in the Spanish information and communication technology sector during 2003-2014 is analysed to assess whether foreign subsidiaries are likely to make a technological contribution to domestic innovative capabilities during expansive phases of the business cycle and during recessions. Domestic firms are used as a control group. Innovative foreign subsidiaries are more likely than non-innovative foreign subsidiaries to cooperate for innovation with local partners. However, the most advanced foreign subsidiaries seem reluctant to engage in local cooperation for innovation. Foreign subsidiaries have shown greater capability than domestic firms in increasing their collaboration with local partners during the 2008 crisis.

Keywords: internationalisation of R%D; foreign subsidiaries; cooperation for innovation; ICT sector; crisis; Spain; open innovation; MNEs; domestic firms; great recession. (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.inderscience.com/link.php?id=107674 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmcst:v:3:y:2020:i:1:p:4-25

Access Statistics for this article

More articles in International Journal of Multinational Corporation Strategy from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().