| By: |
Mafini Dosso (European Commission – JRC - IPTS);
Antonio Vezzani (European Commission – JRC - IPTS) |
| Abstract: |
We discuss the link between corporate R&D internationalization strategies and
the countries' technological specialisation. Technological proximity and a
country specialisation in emerging technologies are key technological
determinants for the location of foreign R&D investments of MNCs. These
results imply that countries' technological profiles shape the type of R&D
activities they are able to attract. Important policy implications reside in
the fact that emerging technologies often derive from the use of existing
technologies for new purposes and that radical innovations steam from the
(re)combination of mature and emerging technologies from different domains are
presented. Accordingly, countries willing to attract R&D-based investments
should facilitate the cross-fertilization of existing and new fields and
industries. |
| Keywords: |
International Knowledge seeking, Multinational Corporations (MNCs), Patents, Emerging Technologies, Technological Proximity |
| Date: |
2015–11 |
| URL: |
https://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc98311 |