Academic
Publications
The Drivers of Foreign Direct Investment into Research and Development: An Empirical Investigation

The Drivers of Foreign Direct Investment into Research and Development: An Empirical Investigation,10.1057/palgrave.jibs.8490058,Journal of Internatio

The Drivers of Foreign Direct Investment into Research and Development: An Empirical Investigation   (Citations: 256)
BibTex | RIS | RefWorks Download
This paper examines the determinants of foreign direct investment (FDI) in research and development laboratories by 32 multinational enterprises in the pharmaceutical and electronics industries. The paper applies a dichotomous set of motives for FDI. Results from an econometric analysis of 136 laboratory investments show that relative market size and relative strength of a country's science base determine whether FDI in research and development is carried out in order to exploit existing firm-specific advantages, or in order to build up new firm-specific advantages. This holds true in similar form for Japanese, European and U.S. firms and across the two industries.© 1999 JIBS. Journal of International Business Studies (1999) 30, 1–24
Journal: Journal of International Business Studies - J INT BUS STUD , vol. 30, no. 1, pp. 1-24, 1999
Cumulative Annual
View Publication
The following links allow you to view full publications. These links are maintained by other sources not affiliated with Microsoft Academic Search.
Sort by: