Top R&D Investors and international knowledge seeking: the role of emerging technologies and technological proximity
This paper sheds new lights on the internationalization of technological activities of the top corporate R&D investors worldwide. In particular, we provide evidence on the technological factors determining their international R&D location strategies. The empirical analysis is based on the patenting activities of the top R&D investors, as reported by the EU Industrial R&D Investment Scoreboard, at the USPTO over the period 2010–2012. The technological proximity to the host country in which these companies seek for new knowledge is a key determinant for their R&D location decision. However, technological proximity has a non-linear effect on the companies' location strategies as they search for new technologies not too close to their knowledge base. Furthermore, top R&D investors worldwide target countries with comparative advantages in emerging technologies. Countries willing to attract high-value investments should create an environment conducive to the creation and development of brand new ideas with a high potential impact on the long term growth.
DOSSO Mafini;
VEZZANI Antonio;
2015-11-03
European Commission
JRC95168
978-92-79-52085-3,
1831-9424,
1831-9408,
EUR 27483,
OP LF-NA-27483-EN-N,
https://publications.jrc.ec.europa.eu/repository/handle/JRC95168,
10.2791/853343,
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