Multinational firms and the creation of technological linkages in Italy
Las empresas multinacionales y la creación de vínculos tecnológicos en Italia
Empresas multinacionais e criação de ligações tecnológicas na Itália
DOI:
https://doi.org/10.15446/cuad.econ.v37n74.58077Palabras clave:
Multinational firms, R&D, technological linkages, universities (en)empresas multinacionales, I D, enlaces tecnológicos, universidades (es)
empresas multinacionais, I D, enlaces tecnológicos, universidades (pt)
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Using empirical evidence from the Italian R&D survey, we assess the ability of multinational firms in setting-up technological linkages (Extra-muros R&D and R&D cooperation). We have found that Italian multinationals are more prone to perform Extra-muros R&D, while foreign multinationals are better at developing R&D cooperation. However, when selecting only the linkages with local counter-parts, we find that foreign multinationals have no advantage vis-à-vis Italian firms; while multinationals still have some advantages in setting-up R&D cooperation with local universities. Results suggest that foreign multinationals can generally exploit “economies of common governance” when setting-up technical linkages, but they face relative disadvantages in terms of embeddedness in local systems.
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