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The Persistence of Home Bias for Important R&D in Wireless Telecom and Automobiles

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  • Stephen S. Cohen
  • Alberto Di Minin
  • Yasuyuki Motoyama
  • Christopher Palmberg

Abstract

We argue that in this age of globalization, important R&D—in automobiles and wireless telecommunication—exhibits a decisive home bias. This contrasts with findings on the rate and extent of globalization of the aggregate of activities classified as R&D. Sorting out R&D was deemed important at the outset by the firm, and comparing that to “regular” R&D by the same firms enables the argument. We take our findings on location a step further by examining, for this category of R&D, the reasons for nonglobalization.

Suggested Citation

  • Stephen S. Cohen & Alberto Di Minin & Yasuyuki Motoyama & Christopher Palmberg, 2009. "The Persistence of Home Bias for Important R&D in Wireless Telecom and Automobiles," Review of Policy Research, Policy Studies Organization, vol. 26(1‐2), pages 55-76, January.
  • Handle: RePEc:bla:revpol:v:26:y:2009:i:1-2:p:55-76
    DOI: 10.1111/j.1541-1338.2008.00369.x
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    Cited by:

    1. Gábor Márk Pellényi, 2020. "The Role of Central and Eastern Europe in Global Value Chains: Evidence from Occupation-Level Employment Data," European Economy - Economic Briefs 062, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    2. Duschl Matthias & Brenner Thomas & Schimke Antje & Luxen Dennis, 2014. "Firm Growth and the Spatial Impact of Geolocated External Factors," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 234(2-3), pages 234-256, April.
    3. Vallejo, Bertha, 2015. "The emergence of parallel trajectories in the automobile industry: Environmental issues and the creation of new markets," MERIT Working Papers 2015-037, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. Motoyama, Yasuyuki & Cao, Cong & Appelbaum, Richard, 2014. "Observing regional divergence of Chinese nanotechnology centers," Technological Forecasting and Social Change, Elsevier, vol. 81(C), pages 11-21.
    5. Martin Borowiecki & Bernhard Dachs & Doris Hanzl-Weiss & Steffen Kinkel & Johannes Pöschl & Magdolna Sass & Thomas Christian Schmall & Robert Stehrer & Andrea Szalavetz, 2012. "Global Value Chains and the EU Industry," wiiw Research Reports 383, The Vienna Institute for International Economic Studies, wiiw.
    6. Bergek, Anna & Berggren, Christian & Magnusson, Thomas & Hobday, Michael, 2013. "Technological discontinuities and the challenge for incumbent firms: Destruction, disruption or creative accumulation?," Research Policy, Elsevier, vol. 42(6), pages 1210-1224.
    7. Alberto Di Minin & Jieyin Zhang, 2010. "An Exploratory Study on International R&D Strategies of Chinese Companies in Europe," Review of Policy Research, Policy Studies Organization, vol. 27(4), pages 433-455, July.
    8. Eric Rugraff, 2014. "Foreign direct R&D investment in Central Europe: where do we stand?," Working Papers of BETA 2014-22, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    9. Eric Rugraff, 2017. "A Patent Analysis Of Foreign Direct Innovative R&D Activities In Central Europe: The Czech Case," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 1-28, February.
    10. Philip Shapira & Jan Youtie & Luciano Kay, 2011. "National innovation systems and the globalization of nanotechnology innovation," The Journal of Technology Transfer, Springer, vol. 36(6), pages 587-604, December.

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