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dc.contributor.authorGarcía-Vega, Maríaen
dc.contributor.authorHofmann, Patriciaen
dc.contributor.authorKneller, Richarden
dc.date.accessioned2012-03-05-
dc.date.accessioned2012-03-13T16:25:19Z-
dc.date.available2012-03-13T16:25:19Z-
dc.date.issued2012-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3751en
dc.subject.jelF23en
dc.subject.jelO33en
dc.subject.jelD22en
dc.subject.jelL20en
dc.subject.ddc330en
dc.subject.keywordMNEen
dc.subject.keywordknowledge production functionen
dc.subject.keywordacquisition FDIen
dc.subject.keywordknowledge complementaritiesen
dc.subject.keywordtechnology sourcingen
dc.subject.stwMultinationales Unternehmenen
dc.subject.stwDirektinvestitionen
dc.subject.stwForschungen
dc.subject.stwÜbernahmeen
dc.subject.stwTechnologietransferen
dc.subject.stwWissenen
dc.subject.stwProduktionsfunktionen
dc.subject.stwTheorieen
dc.titleThe internationalisation of R&D and the knowledge production function-
dc.typeWorking Paperen
dc.identifier.ppn687927633en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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