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dc.contributor.authorCASTELLANI DAVIDEen_GB
dc.contributor.authorMONTRESOR SANDROen_GB
dc.contributor.authorSCHUBERT TORBENen_GB
dc.contributor.authorVEZZANI ANTONIOen_GB
dc.date.accessioned2017-05-24T00:24:41Z-
dc.date.available2017-05-22en_GB
dc.date.available2017-05-24T00:24:41Z-
dc.date.created2017-05-18en_GB
dc.date.issued2017en_GB
dc.date.submitted2016-10-19en_GB
dc.identifier.citationINTERNATIONAL BUSINESS REVIEW vol. 26 no. 3 p. 405-416en_GB
dc.identifier.issn0969-5931en_GB
dc.identifier.urihttp://www.sciencedirect.com/science/article/pii/S0969593116302013en_GB
dc.identifier.urihttp://publications.jrc.ec.europa.eu/repository/handle/JRC103540-
dc.description.abstractThis paper investigates the effects of multinationality on firm productivity, and contributes to the literature in two respects. First, we argue that multinationality affects productivity both directly and indirectly, through higher incentives to invest in R&D. Second, we maintain that the multinational depth and breadth have different direct effects on productivity and R&D. Using data from the top R&D investors in the world, we propose an econometric model with an R&D and a productivity equation that both depend on multinationality. We find: i) multinational depth has a positive effect on productivity, while the effect of multinational breadth is negative; ii) multinationality (along both dimensions) has a positive effect on R&D intensity, translating into an indirect positive effect on productivity; iii) the positive indirect effect is however not large enough to compensate the negative direct effect of multinational breadth.en_GB
dc.description.sponsorshipJRC.B.3-Territorial Developmenten_GB
dc.format.mediumPrinteden_GB
dc.languageENGen_GB
dc.publisherELSEVIER SCIENCE BVen_GB
dc.relation.ispartofseriesJRC103540en_GB
dc.titleMultinationality, R&D and productivity: Evidence from the top R&D investors worldwideen_GB
dc.typeArticles in periodicals and booksen_GB
dc.identifier.doi10.1016/j.ibusrev.2016.10.003en_GB
JRC Directorate:Growth and Innovation

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