The Internationalization of R&D
Jyrki Ali-Yrkkö and
Mika Pajarinen
No 88, ETLA Reports from The Research Institute of the Finnish Economy
Abstract:
Abstract The aim of this paper is to broaden the knowledge concerning the development of Finnish firms’ innovation activities. The results show that during 2008–2017 the share of overseas R&D has risen. Currently, 14–25% of Finnish firms’ total R&D are conducted overseas. If Nokia is taken into account, the share of overseas R&D rises to 53–65%. Furthermore, the results suggest that Finnish firms invest approximately Eur 1.8 billion in innovation activities outside the traditional R&D definition.
Keywords: Research; Development; R&D; Company; BERD; Internationalization; Globalisation (search for similar items in EconPapers)
JEL-codes: O31 O32 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2019-02-15
New Economics Papers: this item is included in nep-acc, nep-cse, nep-ino, nep-knm and nep-sbm
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