Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/95091 
Year of Publication: 
1999
Series/Report no.: 
IUI Working Paper No. 512
Publisher: 
The Research Institute of Industrial Economics (IUI), Stockholm
Abstract: 
This paper analyzes a three-stage optimization problem in which a firm chooses (i) its technology, by deciding on a level of R&D, (ii) whether this technology is to be used in a domestic or in a foreign plant and (iii) the quantity produced and sold on the market. If technology transfer costs are low, 'high-tech' or R&D-intensive firms tend to produce abroad. At higher technology transfer costs, high-tech firms tend to export. An empirical analysis using a data set of Swedish multinational firms, confirms the latter prediction.
Subjects: 
Multinational Firms
R&D
Location
Empirical Analyses
JEL: 
F23
L13
O33
Document Type: 
Working Paper

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