Brain drain, brain gain and brain exchange: the rôle of MNEs in a small open economy
AbstractBased on European and US patent statistics, this paper is an empirical analysis of R&D activities carried out by foreign MNEs in Belgium over the last two decades. The paper investigates the role of demand-pull and technology-push determinants of the MNE's decision to delocalise its R&D in a host country as well as the impact of these activities on any brain drain of Belgian R&D personnel. The results suggest that MNEs invest in R&D in Belgium mainly in order to gain access to the local science base. The presence of these companies positively affects the demand for highly skilled workers and hence reduces the importance of brain drain.
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Bibliographic InfoArticle provided by ULB -- Universite Libre de Bruxelles in its journal Brussels economic review.
Volume (Year): 47 (2004)
Issue (Month): 1 ()
Brain drain; R&D; US and EPO patents; MNEs; Belgian economy;
Other versions of this item:
- Michele Cincera, 2005. "Brain Drain, Brain Gain and Brain Exchange: The Role of MNEs in a Small Open Economy," ULB Institutional Repository 2013/147103, ULB -- Universite Libre de Bruxelles.
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
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