Year: 2005
Type: article
Abstract: FDI is believed to be a conduit of new technologies between countries.Many have studied the cross-border knowledge diffusion due to outward foreign direct investment (FDI), but this paper is the first to study the advantages of outward FDI for the home country of multinationals conducting R&D abroad.To address this issue, we use patent citations as a proxy for technology spillovers and we bring empirical evidence that supports the hypothesis that a U.S. subsidiary conducting R&D overseas facilitates the flow of knowledge between its host and home countries.
Author: Ioana Popovici
Institution: Florida International University
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1498114809