In:
Cuadernos de Economía, Universidad Nacional de Colombia, Vol. 37, No. 74 ( 2018-07-01), p. 429-442
Abstract:
Using empirical evidence from the Italian R & D survey, we assess the ability of multinational firms in setting-up technological linkages (Extra-muros R & D and R & D cooperation). We have found that Italian multinationals are more prone to perform Extra-muros R & D, while foreign multinationals are better at developing R & D cooperation. However, when selecting only the linkages with local counter-parts, we find that foreign multinationals have no advantage vis-à-vis Italian firms; while multinationals still have some advantages in setting-up R & D cooperation with local universities. Results suggest that foreign multinationals can generally exploit “economies of common governance” when setting-up technical linkages, but they face relative disadvantages in terms of embeddedness in local systems.
Type of Medium:
Online Resource
ISSN:
2248-4337
,
0121-4772
DOI:
10.15446/cuad.econ.v37n74.58077
Language:
Unknown
Publisher:
Universidad Nacional de Colombia
Publication Date:
2018
detail.hit.zdb_id:
2296342-X
