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Drivers and policies for increasing and internationalising R&D activities of EU MNEs

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Author Info

  • Michele Cincera

    ()
    (JRC-IPTS)

  • Claudio Cozza

    ()
    (JRC-IPTS)

  • Alexander Tübke

    ()
    (JRC-IPTS)

Abstract

Based on an original and recent sample representative of the largest R&D corporations in the EU, this paper aims at investigating in a quantitative way the main factors explaining: (i) the decision of firms to increase their R&D investment effort in the near future; (ii) the main drivers explaining the favourite international location choice for R&D; and (iii) the impact of direct and indirect policies to support R&D activities in the EU. The main findings suggest that competitive pressures from the US are the main determinants for increasing R&D investments. Public support to R&D and proximity to other activities of the company influence the decision to locate R&D in the home country. Considerations on the cost of employing researchers become one factor among others only for firms preferring a location outside their home country, in particular in the rest of the world (countries other than the EU or the US).

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File URL: http://iri.jrc.ec.europa.eu/documents/10180/d7d43fef-c4c7-4f28-8b78-a439f240620f
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Bibliographic Info

Paper provided by Institute of Prospective Technological Studies, Joint Research Centre in its series JRC-IPTS Working Papers on Corporate R&D and Innovation with number 2010-02.

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Length: 33 pages
Date of creation: Apr 2010
Date of revision:
Handle: RePEc:ipt:wpaper:201002

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Keywords: Drivers of R&D internationalisation; R&D policies; EU large R&D corporations;

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