Internationalisation of R&D: A Review of Drivers, Impacts, and new Lines of Research
MPRA Paper from University Library of Munich, Germany
This paper reviews the growing literature on the internationalisation of R&D in the business sector. By internationalisation of R&D, this paper means the fact that firms conduct research and development at locations outside their home countries. The survey focuses on three issues: first, the drivers of the process at the country, the sectoral and the firm level – why firms go abroad with R&D activities. Second, evidence on the effects of the internationalisation of R&D on the host and home countries of multinational firms. So far, there is a consensus in the literature that R&D internationalisation benefits the host countries. Third, the paper discusses some new lines of research on R&D internationalisation related to the role of indirect funding for R&D, R&D internationalisation in services and multinationals from emerging economies.
Keywords: Internationalisation; R&D; innovation; foreign-owned firms; outsourcing (search for similar items in EconPapers)
JEL-codes: F23 O31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ino, nep-int, nep-sbm and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:83367
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