García Vega, María y Huergo, Elena (2008) Determinants of International R&D Outsourcing: The Role of Trade. [ ] (No publicado)
URL Oficial: http://eprints.ucm.es/9790/
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|
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
|Título de serie o colección:|
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|Depositado:||12 Ene 2010 14:49|
|Última Modificación:||12 Sep 2016 08:26|
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