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The Innovative Performance of Foreign-owned Enterprises in Small Open Economies

Bernhard Dachs, Bernd Ebersberger () and Hans Lööf ()
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Bernd Ebersberger: Management Center Innsbruck, Innsbruck, Austria

No 87, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

Abstract: This paper compares the innovative performance of foreign-owned and domestically owned enterprises in five European countries. We look at innovation inputs, outputs, and examine how strong foreign-owned enterprises are embedded in the innovations systems of their host countries. We find that foreign ownership causes no differences in innovation input, but yields a higher innovation output and higher labour productivity. In four of the five countries, affiliates of foreign multinationals show a similar or even a higher propensity to co-operate with domestic partners than domestically owned enterprises

Keywords: Austria; Denmark; Finland; Norway; Sweden; Innovation; Multinational Enterprises; Foreign-owned Enterprises; CIS (search for similar items in EconPapers)
JEL-codes: F23 O31 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2007-04-16
New Economics Papers: this item is included in nep-cse, nep-eec, nep-ino, nep-ipr and nep-pr~
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Citations: View citations in EconPapers (8)

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Journal Article: The innovative performance of foreign-owned enterprises in small open economies (2008) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:cesisp:0087

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