Foreign and domestic R&D investment

被引：15
|
作者：
Belderbos, Rene [1 ]
Fukao, Kyoji [2 ]
Iwasa, Tomoko [3 ]
机构：
[1] Katholieke Univ Leuven, Dept Managerial Econ Strategy & Innovat, Naamsestr 69, B-3000 Leuven, Belgium
[2] Hitotsubashi Univ, Inst Econ Res, Kunitachi, Tokyo 1868603, Japan
[3] Yokohama City Univ, Grad Sch Int Management, Kanazawa Ku, Yokohama, Kanagawa 2360027, Japan
来源：
ECONOMICS OF INNOVATION AND NEW TECHNOLOGY | 2009年 / 18卷 / 04期
基金：
日本学术振兴会;
关键词：
R&D; multinational firms; foreign direct investment;
D O I：
10.1080/10438590802172404
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
A considerable share of R&D investment is due to multinational firms that simultaneously operate R&D bases at home and abroad. We develop a simple model of foreign and domestic R&D investment and test the model's predictions on a sample of 146 Japanese multinational firms' R&D investments in Japan and the United States in 1996. The empirical results confirm that the foreign to domestic R&D ratio depends on relative technological opportunities and relative demand conditions, with foreign research expenditures responding to technological opportunity and foreign development expenditures responding to demand.
引用
收藏
页码：369 / 380
页数：12
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