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Location, Location, Location: Do Universities Matter for Foreign R&D?

Loles Añón Higón and Alfonso Díez-Minguela
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Loles Añón Higón: Department of Applied Economics II and ERI-CES, Faculty of Economics, Universitat de València, Avda. Tarongers, s/n, 46022 Valencia (Spain).
Alfonso Díez-Minguela: Department of Economic Analysis, Faculty of Economics, Universitat de València, Avda. Tarongers, s/n, 46022 Valencia (Spain).

No 2109, Working Papers from Department of Applied Economics II, Universidad de Valencia

Abstract: This paper explores the extent to which the regional Higher Education System (HES) influences the location of foreign R&D. To do so, we use a dataset with information on the location choices of new foreign R&D establishments within Spain from 2005 to 2013. Likewise, we use a multiple measure of the university three missions, distinguishing between research capacity training, scientific research and technology transfer. We find that the probability of a foreign R&D establishment being located in a region is positively affected by the strength of the region’s HES missions, and more specifically by the quality of its scientific research, while its research training capacity and knowledge transfer activities do not seem to play a significant role.

Keywords: Foreign R&D; universities; location; research activities; development (search for similar items in EconPapers)
JEL-codes: F21 F23 O32 (search for similar items in EconPapers)
Date: 2021-07
New Economics Papers: this item is included in nep-eur, nep-ino, nep-sbm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:eec:wpaper:2109

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