{"id":118668,"date":"2024-01-22T22:07:35","date_gmt":"2024-01-22T21:07:35","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/118668\/"},"modified":"2024-11-07T04:58:11","modified_gmt":"2024-11-07T03:58:11","slug":"internationalisierung-von-forschung-und-entwicklung-determinanten-auswirkungen-politik","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/118668\/","title":{"rendered":"Internationalisation of Research and Development: Determinants, Effects and Policy"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-118668","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The internationalisation of economic activity is increasingly extending also to research and development (R&amp;D). In some quarters there is a concern that this trend may erode the domestic knowledge base. Against this background, the present article first investigates into the determinants of foreign investment in R&amp;D (&quot;outward&quot;-R&amp;D). Empirical studies show that the OLI-model developed by Dunning and the &quot;stages view of internationalisation&quot; grounded in evolutionary economics lend themselves to identify the main drivers of outward-R&amp;D. In a second step, we deal with the consequences of outward-R&amp;D on the performance of both the parent company and other domestic firms which potentially draw benefits from the transfer of knowledge or technology (spill-overs). According to the empirical literature, both effects are positive: in other words, contrary to the concerns referred to, outward-R&amp;D actually comes as support to the knowledge base and productivity of the domestic economy. Empirical evidence also suggests that the countries receiving R&amp;D investment from foreign companies (&quot;inward&quot;-R&amp;D) benefit in two ways: directly, by an increase in the innovative capacity of the economy, and indirectly via spill-overs from foreign subsidiaries to domestic firms.","onlinedate":"2013-12-12 01:00:00","lang":"German","publication_series":"","publication_date":"20131201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Karl Aiginger 65 Jahre F&E\"]","jelcodes":"[]","related_publications":"[]","pdf":351190,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"86","monthly_report_pages":"985-992","monthly_report_pages_sort":"985","issue":"12","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3491],"collaboration":"","persons":[4887],"persons_data":"[{\"personId\":4887,\"personName\":\"Heinz Hollenstein\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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