Government Strategies to Attract R&D-Intensive FDI
AbstractCompetition among countries and regions to attract the R&D activities of multinational enterprises has increased substantially during the last years, but the strategies used by governments in this competition remain largely unexplored. This paper proposes a taxonomy of the main policy instruments available to stimulate inward R&D-intensive FDI and presents the results of a comparative case-study of two European countries: Spain and Ireland. The main conclusion is that an efficient promotion of R&D-intensive FDI calls for a closer coordination between innovation policy and inward investment promotion, which are two policy areas that have traditionally operated rather independently from each other. In addition, inward investment agencies targeting R&D-intensive FDI are advised to reconfigure the scope of services they provide by placing more emphasis on after-care, since R&D-intensive FDI tends to be evolutionary rather than greenfield.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales in its series Policy Papers del Instituto Complutense de Estudios Internacionales with number 03-07.
Length: 26 pages
Date of creation: 2007
Date of revision:
Postal: Instituto Complutense de Estudios Internacionales. Finca Mas Ferre Campus de Somosaguas 28223 Madrid
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Archibugi, Daniele & Iammarino, Simona, 1999. "The policy implications of the globalisation of innovation," Research Policy, Elsevier, vol. 28(2-3), pages 317-336, March.
- Cantwell, John & Iammarino, Simona, 2001. "EU Regions and Multinational Corporations: Change, Stability and Strengthening of Technological Comparative Advantages," Industrial and Corporate Change, Oxford University Press, vol. 10(4), pages 1007-37, December.
- Guellec, Dominique & Pottelsberghe de la Potterie, Bruno v., 2001.
"The internationalisation of technology analysed with patent data,"
Elsevier, vol. 30(8), pages 1253-1266, October.
- Bruno Van Pottelsberghe & Dominique Guellec, 2001. "The internationalisation of technology analysed with patent data," ULB Institutional Repository 2013/6223, ULB -- Universite Libre de Bruxelles.
- Etzkowitz, Henry & Leydesdorff, Loet, 2000. "The dynamics of innovation: from National Systems and "Mode 2" to a Triple Helix of university-industry-government relations," Research Policy, Elsevier, vol. 29(2), pages 109-123, February.
- Robert Atkinson, 2007. "Expanding the R&E tax credit to drive innovation, competitiveness and prosperity," The Journal of Technology Transfer, Springer, vol. 32(6), pages 617-628, December.
- Cantwell, John & Piscitello, Lucia, 2000. "Accumulating Technological Competence: Its Changing Impact on Corporate Diversification and Internationalization," Industrial and Corporate Change, Oxford University Press, vol. 9(1), pages 21-51, March.
- Ruth Rama, 2008. "Foreign investment innovation: a review of selected policies," The Journal of Technology Transfer, Springer, vol. 33(4), pages 353-363, August.
- Ram Mudambi, 1999. "Multinational Investment Attraction: Principal-Agent Considerations," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 6(1), pages 65-79.
- Meyer-Krahmer, Frieder & Reger, Guido, 1999. "New perspectives on the innovation strategies of multinational enterprises: lessons for technology policy in Europe," Research Policy, Elsevier, vol. 28(7), pages 751-776, September.
- Chaminade, Cristina & Vang, Jan, 2006. "Globalisation of Knowledge Production and Regional Innovation Policy: Supporting Specialized Hubs in Developing Countries," CIRCLE Electronic Working Papers 2006/15, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Águeda González Abad).
If references are entirely missing, you can add them using this form.