Universidad Complutense de Madrid
E-Prints Complutense

Determinants of internal and external R&D offshoring: Evidence from Spanish firms

Impacto

Downloads

Downloads per month over past year



Tamayo, Mery Patricia and Huergo, Elena (2016) Determinants of internal and external R&D offshoring: Evidence from Spanish firms. Industry and Innovation . ISSN 1366-2716 (In Press)

[img]
Preview
PDF
303kB


Abstract

This paper analyzes the determinants of R&D offshoring of Spanish firms using information from the Panel of Technological Innovation. We find that being an exporter, international technological cooperation, continuous R&D engagement, applying for patents, being a for-eign subsidiary, and firm size are factors that positively affect the decision to offshore R&D. In addition, we find that a lack of financing is an obstacle relatively more important for inde-pendent firms than for firms that belong to business groups. For these latter, we also obtain that the factors that influence the decision to offshore R&D differ depending on whether the firm purchases the R&D services within the group or through the market: a higher degree of importance assigned to internal sources of information for innovation as compared to mar-ket sources increases (decreases) the probability of R&D offshoring only through the group (market).


Item Type:Article
Uncontrolled Keywords:R&D offshoring firms’ strategies; Obstacles to innovation; Independent firms; Subsidiaries.
Subjects:Social sciences > Economics > Business enterprises
Social sciences > Economics > Industrial organization
JEL:L24, O32
ID Code:39061
Deposited On:09 Sep 2016 12:06
Last Modified:27 Sep 2016 08:28

Origin of downloads

Repository Staff Only: item control page