Patterns of local R&D cooperation of foreign subsidiaries in an intermediate country: innovative and structural factors

Antonio Garcia Sanchez, José Molero Zayas () and Ruth Rama
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José Molero Zayas: Instituto Complutense de Estudios Internacionales (ICEI). Universidad Complutense de Madrid.

No 1603, Working Papers del Instituto Complutense de Estudios Internacionales from Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales

Abstract: We attempt to contribute to a better understanding of cooperative innovation patterns of foreign subsidiaries (FS) in Spain as a representative intermediate country, going deeply into three main aspects: firstly, a sectoral taxonomy which combines international technological dynamism and revealed technological advantage as a way to understand such patterns. Secondly we focus our attention on innovative intensive subsidiaries, assuming they are the most important ones for hosting countries. Thirdly, we combine innovation and structural-competitive variables to explain local cooperation. We found more intense cooperation of FS with local agents in dynamic specialization sectors, as well as the fact that this is mostly carried out in a complementary mode with inner knowledge capabilities of the companies. Cooperative activities are influenced by economicstructural factors of the Spanish economy, particularly in highly innovative companies. Cooperative strategies of domestic firms might also have an influence on those of foreign subsidiaries.

Pages: 39 pages
Date: 2016
New Economics Papers: this item is included in nep-cse, nep-ino, nep-knm and nep-sbm
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