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Título:
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Determinants of International R&D Outsourcing: The Role of Trade
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Autores:
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García Vega, María ;
Huergo, Elena
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Tipo de documento:
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texto impreso
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Editorial:
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Wiley, 2011
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Dimensiones:
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application/pdf
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Nota general:
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info:eu-repo/semantics/openAccess
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Idiomas:
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Palabras clave:
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Estado = Publicado
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Materia = Ciencias Sociales: Economía: Economía internacional
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Materia = Ciencias Sociales: Economía: Empresas
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Materia = Ciencias Sociales: Economía: Economía industrial
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Tipo = Artículo
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Resumen:
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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.
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En línea:
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https://eprints.ucm.es/39083/1/Garcia_Huergo_RDE-Authors%27%20postprint.pdf
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