Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/202161
Authors: 
Dosso, Mafini
Vezzani, Antonio
Year of Publication: 
2015
Series/Report no.: 
IPTS Working Papers on Corporate R&D and Innovation 09/2015
Abstract: 
This paper sheds new lights on the internationalization of technological activities of the top corporate R&D investors worldwide. In particular, we provide evidence on the technological factors determining their international R&D location strategies. The empirical analysis is based on the patenting activities of the top R&D investors, as reported by the EU Industrial R&D Investment Scoreboard, at the USPTO over the period 2010–2012. The technological proximity to the host country in which these companies seek for new knowledge is a key determinant for their R&D location decision. However, technological proximity has a non-linear effect on the companies' location strategies as they search for new technologies not too close to their knowledge base. Furthermore, top R&D investors worldwide target countries with comparative advantages in emerging technologies. Countries willing to attract high-value investments should create an environment conducive to the creation and development of brand new ideas with a high potential impact on the long term growth.
Subjects: 
International Knowledge seeking
Multinational Corporations (MNCs)
Patents
Emerging technologies
Technological proximity
JEL: 
O30
F23
L20
Persistent Identifier of the first edition: 
ISBN: 
978-92-79-52085-3
Document Type: 
Working Paper
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