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 wh...
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Published in | Revue d'économie industrielle no. 143; p. 11 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
Brussels
Editions De Boeck Superieur
01.07.2013
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Subjects | |
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Abstract | 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. |
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AbstractList | 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. |
Author | Piscitello, Lucia Hamida, Lamia Ben |
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SubjectTerms | Affiliates Competitive advantage Econometrics Economic impact Foreign subsidiaries Globalization Host country Hypotheses Impact analysis Industrial development Innovations International business Investment Knowledge Manufacturing Multinational corporations Productivity R&D Research & development Research & development expenditures Technology transfer |
Title | THE IMPACT OF FOREIGN R&D ACTIVITIES ON THE MNC'S PERFORMANCE AT HOME: EVIDENCE FROM THE CASE OF SWISS MANUFACTURING FIRMS |
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