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on Economics of Strategic Management |
| By: | Heike Belitz; Anna Lejpras |
| Abstract: | This paper contributes to the debate on the internationalization of the R&D activity of multinational enterprises (MNEs). Specifically, we examine the following research questions: (1) What are the determinants of the MNEs’ R&D internationalization level? (2) What types of internationalization strategies—home-base-augmenting (HBA), home-base-exploiting (HBE), technology-seeking (TS), and/or market-seeking (MS)—do the MNE employ? and (3) What are the typical patterns in pursuing different strategy mixes by MNEs? To this end, we merge data on 2,000 global research leaders from the 2012-2014 period with the EPO Worldwide Patent Statistical Database PATSTAT. Based on the final dataset, covering about 1,700 world’s top corporate R&D investors and their patenting activity, we find that about one-fifth focus their patent-relevant R&D activity in their home country only. Our study confirms former results of the literature that R&D offshoring is used by leading R&D performers predominantly to acquire complementary technological knowledge (HBA strategy) and to use their home-based technological advantages to expand their market penetration (HBE strategy). With patent data from the late 2010s, we find a further increase in the proportion of HBA strategies compared to the 2000s. This indicates the growing importance of international knowledge exchange between technologically similarly oriented locations. Hence, the increased attraction of foreign R&D locations is no reason for concern regarding the perceived hollowing-out of the national innovation systems. Indeed, since the advantages built at home are at the core of both the HBA and HBE strategies, the national system of innovation in the home country should support the technological advantages of firms, thereby enabling them to succeed in their R&D activity abroad. |
| Keywords: | R&D, patents, innovation, internationalization, multinational firms, global firms |
| JEL: | F23 O19 O31 O32 |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:diw:diwwpp:dp1942&r= |
| By: | Fabrizio Fusillo (Università di Torino); Sandro Montresor (Gran Sasso Science Institute); Giuseppe Vittucci Marzetti (Università di Milano-Bicocca) |
| Abstract: | We combine the World Input-Output Dataset (WIOD) with OECD data on Analytical Business Enterprise R&D (ANBERD) and build up the network that emerges by mapping the sectoral R&D expenditure that flows in an embodied way among 690 industry-country nodes (23 industries of 30 countries), from 2009 to 2013. Drawing on frontier network analysis techniques, we examine the distribution of the relational properties of the country-industry nodes, identify the most central of them, and detect the clusters that they form. Our analysis reveals that, while the diffusion of embodied R&D is highly pervasive on a global scale, the linkages it creates across sectors tend to be highly asymmetric and polarised. Furthermore, except for transportation and ICT related industries, embodied R&D flows determine communities largely confined within national borders. Despite being based on structural inputoutput relationships, the position and role of country-industry nodes in the global network of embodied R&D knowledge show a certain variability both over time and across network dimensions. |
| Keywords: | R&D flows, input-output, global innovation network, network analysis |
| JEL: | O33 R15 O57 |
| Date: | 2021–04 |
| URL: | http://d.repec.org/n?u=RePEc:ahy:wpaper:wp16&r= |
| By: | Hafni, Nur |
| Abstract: | Natural disasters are one of the impacts on environmental dynamics, both natural and as a result of human behavior. The Destana (Disaster Resilient Village) policy is one of the programs created by BNPB (National Disaster Management Agency) and implemented by BPBD (Regional Disaster Management Agency) as one of the government's efforts in dealing with disaster problems. The purpose of the study is to describe how Destana plays an optimal role in increasing community preparedness in dealing with floods. Using a qualitative approach, this study conducted observations on 11 Destana in Bojonegoro, conducted interviews with BPBD and each Destana coordinator and documented the activities Destana had carried out to improve community preparedness. The first finding in the implementation of Destana is a medium for the community together with stakeholders in disaster management to carry out activities related to increasing community knowledge about flood preparedness. The second result is that through Destana the community becomes more aware of its environment and has a responsibility to protect itself. Finally, there is a pattern of optimizing the use of rural resources to be used in every Destana activity. The three results indicate that Destana has been used and is running optimally in an effort to increase community preparedness in facing flood disasters. Optimizing the use of Destana in this study shows that the community plays an active role by utilizing their local knowledge and resources. In addition, the government remains the main actor in implementing disaster preparedness policies. |
| Date: | 2021–03–19 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:9gfwh&r=all |
| By: | Damioli, G.; Van Roy, V.; Vertesy, D.; Vivarelli, M. |
| Abstract: | This study investigates the possible job-creation impact of AI technologies, focusing on the supply side, namely the providers of the new knowledge base. The empirical analysis is based on a worldwide longitudinal dataset of 3,500 front-runner companies that patented the relevant technologies over the period 2000-2016. Obtained from GMM-SYS estimates, our results show a positive and significant impact of AI patent families on employment, supporting the labourfriendly nature of product innovation in the AI supply industries. However, this effect is small in magnitude and limited to service sectors and younger firms, which are the leading actors of the AI revolution. Finally, some evidence of increasing returns seems to emerge; indeed, the innovative companies which are more focused on AI technologies are those obtaining the larger impacts in terms of job creation. |
| Keywords: | Innovation,technological change,patents,employment,job-creation |
| JEL: | O33 |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:glodps:823&r= |
| By: | Gilbert, RJ |
| Abstract: | This paper describes a model of research and development (R&D) investment in which firms can choose any number of R&D projects that have independent and identical probabilities of success. The measure of R&D diversity is the number of projects that are undertaken by the industry. Absent spillovers or profits at risk from innovation, mergers often—but not always—decrease R&D diversity; however, the incremental effects decline rapidly with the number of industry rivals. Mergers can have significant adverse effects if the merging firms have large profits that are at risk from an innovation. A merger can promote investment in R&D and increase expected consumer surplus if discoveries have sufficiently large information spillovers. |
| Keywords: | Competition, Innovation, Oligopoly, Mergers, Research and development, Economics, Applied Economics |
| Date: | 2019–05–15 |
| URL: | http://d.repec.org/n?u=RePEc:cdl:econwp:qt33t5v0fx&r=all |
| By: | Gorodnichenko, Y; Svejnar, J; Terrell, K |
| Abstract: | Using large firm-level and industry-level data sets from eighteen countries, we find that foreign direct investment (FDI) and trade have positive spillover effects on product and technology innovation by domestic firms in emerging markets. The FDI effect is more pronounced for firms from advanced economies. However, while we detect the spillover effects with micro data at the firm-level, when we use linkage variables computed from input-output tables at the industry level we find much weaker, and usually insignificant, effects. These patterns are important for policy, suggesting that spillovers are localized to firms engaged directly with multinationals and in trade, rather than affecting all domestic firms in industries with FDI presence. |
| Keywords: | Economics |
| Date: | 2020–01–01 |
| URL: | http://d.repec.org/n?u=RePEc:cdl:econwp:qt52s7p2cx&r=all |