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More jobs for our foes? Global R&D strategy in the age of techno-nationalism

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  • Yoon, Hyungseok David
  • Sinani, Evis
  • Papanastassiou, Marina
  • Economou, Ioannis G.

Abstract

In light of rising techno-nationalism, MNEs (multinational enterprises) face heightened scrutiny over the legitimacy of their cross-border R&D investments, especially in host countries with strained diplomatic relations with the MNEs' home countries. Drawing from a realism-based international relations perspective and legitimacy theory, our study explores the effect of diplomatic relations between home and host countries on MNEs' global R&D strategy. We find that, in the face of adversarial diplomatic relations, MNEs increase their commitment to R&D-related jobs as a strategy to gain legitimacy. This finding extends the R&D internationalization literature by informing how MNEs navigate their efforts for legitimacy of their global R&D investments in an era marked by techno-nationalism.

Suggested Citation

  • Yoon, Hyungseok David & Sinani, Evis & Papanastassiou, Marina & Economou, Ioannis G., 2025. "More jobs for our foes? Global R&D strategy in the age of techno-nationalism," Research Policy, Elsevier, vol. 54(4).
    • Handle: RePEc:eee:respol:v:54:y:2025:i:4:s0048733325000253
    DOI: 10.1016/j.respol.2025.105196
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