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| Author: | Criscuolo, P. Narula, R. Verspagen, B. |
| Title: | Role of home and host country innovation systems in R&D internationalisation: a patent citation analysis |
| Journal: | Economics of innovation and new technology
2005 : JUL, VOL. 14:5, p. 417-433 |
| Index terms: | Innovation Internationalization Multinational companies Patents R&D |
| Freeterms: | Patent citations Spillovers |
| Language: | eng |
| Abstract: | It is argued that any given R&D facility's capacity to exploit and/or augment technological competencies is a function not just of its own resources, but the efficiency with which it can utilise complementary resources associated with the relevant local innovation system. It is also argued that most companies tend to undertake both asset exploiting and aumenting activities simultaneously. Patent citation data from the European Patent Office is used to quantify the relative asset augmenting vs. exploiting character of foreign-located R&D. That is done for European MNEs located in the US, as well as US MNEs located in Europe. The findings show that both EU (US) affiliates in the US (EU) rely extensively on home region knowledge sources, although they appear to exploit the host country knowledge base as well. |
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