EconPapers    
Economics at your fingertips  
 

Multinationals and R&D cooperation: empirical evidence from the Italian R&D survey

Claudio Cozza (), Giulio Perani and Antonello Zanfei
Additional contact information
Giulio Perani: ISTAT
Antonello Zanfei: DESP, University of Urbino “Carlo Bo”

Economia Politica: Journal of Analytical and Institutional Economics, 2018, vol. 35, issue 2, 601-621

Abstract: Abstract Using data on R&D performers active in Italy, we explore the effects of multinationality on the propensity to R&D cooperation. A fundamental departure from previous empirical literature is that we do not consider only subsidiaries of foreign MNEs but also domestic owned MNEs active in the observed country. First, the whole subset of firms active in Italy represented by multinationals—both foreign and domestic MNEs—exhibits the highest propensity to R&D cooperation. Second, foreign MNEs are better at R&D cooperating with foreign partners, but it is domestic owned MNEs that exhibit the highest propensity to R&D collaboration with local firms. By contrast, foreign MNEs have much the same propensity to enter local R&D cooperation as non-MNEs. This might reveal that the multinationality advantages of foreign MNEs—their superior technology and economies of common governance—are more than compensated by their “liabilities of foreignness” due to the extra-costs and risks of dealing with a relatively unfamiliar context. Third, when considering international R&D cooperation, foreign MNEs exhibit the highest premium, while domestic owned MNEs appear to have a lower propensity to collaborate abroad. Altogether, our results for Italy show that it is not foreignness but the specific combination of advantages and disadvantages of multinationality that explain R&D cooperation with both local and international partners.

Keywords: Multinationals; Foreignness; R&D; Cooperation (search for similar items in EconPapers)
JEL-codes: F10 F23 O33 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s40888-018-0104-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:epolit:v:35:y:2018:i:2:d:10.1007_s40888-018-0104-8

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/40888

Access Statistics for this article

Economia Politica: Journal of Analytical and Institutional Economics is currently edited by Alberto Quadrio Curzio

More articles in Economia Politica: Journal of Analytical and Institutional Economics from Springer, Fondazione Edison
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-05-21
Handle: RePEc:spr:epolit:v:35:y:2018:i:2:d:10.1007_s40888-018-0104-8