Does Internationalization Alter the R&D-Productivity Relationship?

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RECERCAT Home > Universitat Rovira i Virgili > Departament d'Economia > Documents de treball del Departament d'Economia > View document

Use this identifier to quote or link this document: http://hdl.handle.net/2072/42867

Title:	Does Internationalization Alter the R&D-Productivity Relationship?
Author:	Manjón Antolín, Miguel C.; Añón Higón, Dolores
Other authors:	Universitat Rovira i Virgili. Departament d'Economia
Resum:	R&D investment is an important driver of productivity gains. However, firms differ in their ability to appropiate the returns to their R&D efforts. This paper analyses to what extent firm's internationalization influences the endogenous relation between R&D and productivity. In particular, we assess the contribution of R&D to productivity for a panel of UK firms that differ in their degree of internationalization. We find that, on average, multinationals obtain higher gains from their investment in R&D. However, the influence of internationalization on the contribution of R&D to productivity varies along the distribution of the returns to R&D. Keywords: R&D, Multinationals, Productivity. JEL Codes: C14, D24, F23.
Publication date:	2009
Subject (UDC):	65 - Gestió i organització. Administració i direcció d'empreses. Publicitat. Relacions públiques. Mitjans de comunicació de masses
Subject(s):	Investigació industrial Empreses multinacionals Productivitat industrial
Rights:	Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i el departament i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús (http://creativecommons.org/licenses/by-nc-nd/2.5/es/)
Document type:	Working Paper
ISSN:	1988 - 0812
Collection:	Documents de treball del Departament d'Economia;2009-11
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