Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/110919 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
Economics Discussion Papers No. 2015-39
Verlag: 
Kiel Institute for the World Economy (IfW), Kiel
Zusammenfassung: 
The study seeks to identify the determinants of a firm's foreign entry mode choice and the impact of mode selection on firm performance for the specific case of R&D - a topic so far not investigated in entry mode research. Separate estimates of a Heckman selection model for Austria and Switzerland, based on comparable firm-level data and variable specification, show for both countries that the OLI model is well-suited to explain not only the propensity to investing abroad in R&D but also the respective choice between equity-based and non-equity governance modes. Moreover, it turns out, but only for Swiss companies, that foreign R&D raises (domestic) firm performance with a larger impact in case of equity-based governance. The differences between the two countries primarily reflect the much higher degree of R&D internationalisation of Switzerland.
Schlagwörter: 
internationalisation of R&D
foreign R&D entry mode choice
international R&D cooperation
JEL: 
F23
F61
L24
O32
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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