EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/55873
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorGarcía-Vega, Maríaen_US
dc.contributor.authorHofmann, Patriciaen_US
dc.contributor.authorKneller, Richarden_US
dc.date.accessioned2012-03-05en_US
dc.date.accessioned2012-03-13T16:25:19Z-
dc.date.available2012-03-13T16:25:19Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/55873-
dc.description.abstractThis paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between acquisitions by MNEs from technologically leading countries and those behind the technological frontier. We show that both acquire similarly R&D intensive domestic firms, but there are important differences post-acquisition. Acquisitions from technologically intensive countries reduce domestic R&D effort, in favour of an increase in foreign technology transfers, which suggests complementarities in the knowledge assets of the MNE and the target firm as a reason for FDI. In contrast, consistent with technology sourcing FDI, acquisitions from non-leading countries increase internal R&D efforts.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper: Trade Policy 3751en_US
dc.subject.jelF23en_US
dc.subject.jelO33en_US
dc.subject.jelD22en_US
dc.subject.jelL20en_US
dc.subject.ddc330en_US
dc.subject.keywordMNEen_US
dc.subject.keywordknowledge production functionen_US
dc.subject.keywordacquisition FDIen_US
dc.subject.keywordknowledge complementaritiesen_US
dc.subject.keywordtechnology sourcingen_US
dc.subject.stwMultinationales Unternehmenen_US
dc.subject.stwDirektinvestitionen_US
dc.subject.stwForschungen_US
dc.subject.stwÜbernahmeen_US
dc.subject.stwTechnologietransferen_US
dc.subject.stwWissenen_US
dc.subject.stwProduktionsfunktionen_US
dc.subject.stwTheorieen_US
dc.titleThe internationalisation of R&D and the knowledge production functionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn687927633en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
687927633.pdf281.17 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.