The Drivers of Foreign Direct Investment into Research and Development: An Empirical Investigation

被引：0

作者：

Walter Kuemmerle

机构：

[1] Harvard Business School,

来源：

Journal of International Business Studies | 1999年 / 30卷

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摘要：

This paper examines the determinants of foreign direct investment (FDI) in research and development laboratories by 32 multinational enterprises in the pharmaceutical and electronics industries. The paper applies a dichotomous set of motives for FDI. Results from an econometric analysis of 136 laboratory investments show that relative market size and relative strength of a country's science base determine whether FDI in research and development is carried out in order to exploit existing firm-specific advantages, or in order to build up new firm-specific advantages. This holds true in similar form for Japanese, European and U.S. firms and across the two industries.

引用

页码：1 / 24

页数：23

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