The spatial distribution of foreign direct investment in R&D within host countries. An empirical examination of foreign subsidiaries in Spain
We discuss the patterns of foreign direct investment in R&D within host countries and provide an empirical analysis for Spain by comparing foreign subsidiaries' R&D location patterns with that of domestic plants. We find that foreign subsidiaries' R&D is strongly concentrated i...
| Autores: | , |
|---|---|
| Formato: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2016 |
| País: | España |
| Recursos: | Consejo Superior de Investigaciones Científicas (CSIC) |
| Repositorio: | DIGITAL.CSIC. Repositorio Institucional del CSIC |
| OAI Identifier: | oai:digital.csic.es:10261/167334 |
| Acesso em linha: | http://hdl.handle.net/10261/167334 |
| Access Level: | acceso abierto |
| Palavra-chave: | Spanish regions Foreign subsidiaries Spatial distribution Foreign direct investment FDI R&D location patterns Research and development Innovation Networking Spain Domestic plants http://metadata.un.org/sdg/9 Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation |
| Resumo: | We discuss the patterns of foreign direct investment in R&D within host countries and provide an empirical analysis for Spain by comparing foreign subsidiaries' R&D location patterns with that of domestic plants. We find that foreign subsidiaries' R&D is strongly concentrated in Madrid and Catalonia, the two largest Spanish regional agglomerations. Networked foreign subsidiaries involved in external technology sourcing still centralise to a greater extent their R&D activities in these leading regions. The concentration of foreign direct investment in R&D is significantly greater than that of domestic firms' R&D. The most technologically intensive foreign subsidiaries, however, are not attracted to Madrid, in spite of the alleged advantages of global cities in terms of openness and connectivity; but this is not a specificity of foreign subsidiaries as we observe a similar pattern for domestic firms. |
|---|