R&D and Foreign Sales in Multinationals: A Simultaneous Relationship?

Gunnar Fors and Roger Svensson
Additional contact information
Gunnar Fors: Research Institute of Industrial Economics (IFN)

No 457, Working Paper Series from Research Institute of Industrial Economics

Abstract: This paper analyzes the simultaneous relationship between R&D and foreign sales in Swedish multinational enterprises in the manufacturing sector. We argue that this two-way relationship should especially apply to multinationals based in small open economies due to the firms' high dependence on foreign markets. The only previous study addressing this issue used data on multinationals originating from the United States, a country with a large domestic market, and it did not find evidence of the hypothesized simultaneous relationship. Our empirical results suggest a positive and significant effect in both directions.

Keywords: R&D; Foreign Sales; Multinational Enterprises (search for similar items in EconPapers)
JEL-codes: F23 O32 (search for similar items in EconPapers)
Pages: 29 pages
Date: 1996-04
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.ifn.se/wfiles/wp/wp457.pdf (application/pdf)

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:hhs:iuiwop:0457

Access Statistics for this paper

More papers in Working Paper Series from Research Institute of Industrial Economics Research Institute of Industrial Economics, Box 55665, SE-102 15 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Elisabeth Gustafsson ().