The impact of foreign R&D activities on the MNC’s performance at home: evidence from the case of Swiss manufacturing firms
This paper examines the impact of the MNCs’ internationalisation of R&D activities on their performances/productivity at home. Specifically, using detailed firm-level data for Swiss manufacturing firms, we find that foreign R&D activity of Swiss MNCs is a valuable source of knowledge which i...
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Published in | Revue d'économie industrielle pp. 11 - 33 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
De Boeck Supérieur
2013
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Subjects | |
Online Access | Get full text |
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Summary: | This paper examines the impact of the MNCs’ internationalisation of R&D activities on their performances/productivity at home. Specifically, using detailed firm-level data for Swiss manufacturing firms, we find that foreign R&D activity of Swiss MNCs is a valuable source of knowledge which improves their productivity performance at home, but only when firms invest in knowledge-seeking activities. Conversely, R&D activities conducted abroad with knowledge-exploiting purposes seem to weaken the MNC’s productivity at home.JEL codes : F23, O33, O40 |
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ISSN: | 0154-3229 1773-0198 |
DOI: | 10.4000/rei.5613 |