Intellectual Property Protection, Market Orientation and Location of Overseas R&D Activities by Multinational Enterprises
AbstractThis paper develops an analytical framework to explain the determinants of location of overseas R&D by MNEs in terms of the nature and extent of FDI and host country resources and policy regimes. Empirical findings for U.S. MNEs suggest that MNEs prefer to locate their R&D activities in countries that are able to offer them, among other particulars, larger markets, technological resources and infrastructure. Host market-oriented affiliates are more likely to have R&D units than the export-oriented ones, especially in developing countries. The relative strength of patent regime appears to affect the direction rather than the magnitude of R&D investments made in a country.
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Bibliographic InfoPaper provided by United Nations University - INTECH in its series UNU-INTECH Discussion Paper Series with number 01.
Date of creation: 1995
Date of revision:
Intellectual Property Protection; R&D; Transnational Corporations;
Other versions of this item:
- Kumar, Nagesh, 1996. "Intellectual property protection, market orientation and location of overseas R&D activities by multinational enterprises," World Development, Elsevier, vol. 24(4), pages 673-688, April.
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- Hakanson, Lars & Nobel, Robert, 1993. "Determinants of foreign R&D in Swedish multinationals," Research Policy, Elsevier, vol. 22(5-6), pages 397-411, November.
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