Universidad Complutense de Madrid
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Foreign MNEs and domestic innovative capabilities: are there conditions for reverse spillovers in the spanish industry?

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García Sánchez, Antonio y Molero Zayas, José y Rama, Ruth (2014) Foreign MNEs and domestic innovative capabilities: are there conditions for reverse spillovers in the spanish industry? [ Working Papers; nº 03, 2014, ]

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URL Oficial: http://eprints.sim.ucm.es/38033/


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Resumen

We analyse, over 2004-2008, a sample of approximately 700 foreign subsidiaries and 4,500 domestic firms located in Spain in order to understand the relationship between local R&D cooperation and innovativeness of the firm. Our ultimate objective is to understand whether foreign subsidiaries are likely to make a contribution to local innovative capabilities or if, conversely, they may eventually benefit from conditions for reverse spillovers. Using a variety of specifications for the innovation-related activities of the firm, we find that foreign subsidiaries are more cooperative than the average firm located in Spain, but not necessarily more than affiliated domestic firms (entrepreneurial groups). However, foreign subsidiaries are more cooperative than affiliated domestic firms in sectors considered highly dynamic by international technological standards, whether Spain has a technical advantage in these specific sectors or not. When we focus on companies which are more innovative than the two-digit industries in which they operate, we find that foreign subsidiaries tend to be more cooperative than domestic firms in sectors where Spain displays technological advantage. These sectors comprise traditional industries displaying little innovation dynamism from an international point of view. This finding suggests that there may be conditions for reverse spillovers in these specific Spanish sectors (though measuring them is beyond the objectives of this paper).


Tipo de documento:Documento de trabajo o Informe técnico
Palabras clave:Multinationals; Innovation; Spanish industry
Palabras clave (otros idiomas):
Materias:Ciencias Sociales > Economía > Comercio
Ciencias Sociales > Economía > Economía industrial
Título de serie o colección:Working Papers
Volumen:2014
Número:03
Código ID:38033
Depositado:07 Jun 2016 12:57
Última Modificación:10 Jun 2016 12:09

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