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Multinational firms and the creation of technological linkages in Italy

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Listed:
  • Claudio Cozza
  • Antonello Zanfei

Abstract

Using empirical evidence from the Italian R&D survey, we assess the ability of multinational firms in setting-up technological linkages (Extra-muros R&D and R&D cooperation). We have found that Italian multinationals are more prone to perform Extra-muros R&D, while foreign multinationals are better at developing R&D cooperation. However, when selecting only the linkages with local counterparts, we find that foreign multinationals have no advantage vis-a-vis Italian firms; while multinationals still have some advantages in setting-up R&D cooperation with local universities. Results suggest that foreign multinationals can generally exploit “economies of common governance” when setting-up technical linkages, but they face relative disadvantages in terms of embeddedness in local systems. Este artículo, con datos sobre I+D en Italia, mide la capacidad de las empresas multinacionales de crear enlaces tecnológicos (I+D Extra-muros y Cooperación en I+D). Se encuentra que las multinacionales italianas son más propensas en hacer I+D Extramuros, mientras las multinacionales extranjeras desarrollan más la Cooperación en I+D. De todas formas, seleccionando solo a los aliados locales, se obtiene que las multinacionales extranjeras no tienen ventajas en comparación con las empresas italianas, salvo que en el caso de la Cooperación en I+D con universidades. Estos resultados implican que las empresas multinacionales pueden explotar economías de bienes comunes, pero tienen dificultades para integrarse a los sistemas locales.

Suggested Citation

  • Claudio Cozza & Antonello Zanfei, 2018. "Multinational firms and the creation of technological linkages in Italy," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 37(74), pages 429-442.
  • Handle: RePEc:col:000093:016998
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    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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