Countries’ attractiveness: An analysis of EU firms’ decisions to (de)localize R&D activities
Michele Cincera and
Anabela Marques Santos
No 2017-026, Working Papers TIMES² from ULB -- Universite Libre de Bruxelles
Abstract:
The aim of the paper is to explore which factors explain the reasons for firms’ decisions to delocalize their R&D activities outside or within the EU. Special attention is given to the influence of public policies to support R&D on the decisions to (de)localize R&D activities. The main source of information is “The EU survey on R&D Investment Business Trends” for the years 2007-2013. The methodology is based on a descriptive analysis of these surveys, on benchmarking with other economic studies in the field and a SWOT analysis of R&D activity location in the EU. The analysis reveals that the quality of R&D personnel and access to network knowledge (with firms, universities and public organizations) are the most important factors for locating R&D activities in a given region or country. Public support for R&D appears to be relegated to a secondary position in the decision to locate R&D activities.
Keywords: R&D localization; public support; Europe (search for similar items in EconPapers)
Pages: 39 p.
Date: 2017-12
New Economics Papers: this item is included in nep-cse, nep-ino and nep-tid
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