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Determinants of International R&D Outsourcing: The Role of Trade

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García Vega, María y Huergo, Elena (2008) Determinants of International R&D Outsourcing: The Role of Trade. [ ] (No publicado)

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URL Oficial: http://eprints.ucm.es/9790/


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This paper investigates the determinants of international R&D outsourcing, in particular the role of trade. We construct a monopolistic competition model with heterogeneous firms where outsourcing increases a firm’s fixed transaction as well as its productivity. Financial constraints affect the decision to outsource R&D more to non-exporters than to exporters. In contrast, exporters are more sensitive to a lack of information because they have higher losses when there is technology leakage. We test these predictions using a panel database of Spanish companies. The results highlight the relevance of information in competitive markets, and the role of trade to induce companies to engage in other globalization strategies.


Tipo de documento:Documento de trabajo o Informe técnico
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JEL Classification: F2, L24, O3

Palabras clave:R&D outsourcing, foreign locations, exporters, financial constraints, technology leakage.
Materias:Ciencias Sociales > Economía > Economía internacional
Ciencias Sociales > Economía > Economía industrial
Ciencias Sociales > Economía > Microeconomía
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Código ID:9790
Depositado:12 Ene 2010 14:49
Última Modificación:12 Sep 2016 08:26

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