Overseas R and D activities and home productivity growth: Evidence from Japanese firm-level data

Yasuyuki Todo, Satoshi Shimizutani

研究成果: Article

23 引用 (Scopus)

抜粋

This paper investigates the impact of overseas subsidiaries' R&D activities on the productivity growth of parent firms using firm-level data for Japanese multinational enterprises. Based on survey responses, we classify each overseas subsidiary's R&D as either 'innovative R&D,' which we hypothesize is likely to lead to the acquisition of foreign knowledge, or 'adaptive R&D,' which is more likely to lead to adaptation to local conditions. We find that overseas innovative R&D raises the parent firm's productivity growth, while adaptive R&D has no such effect. In addition, overseas innovative R&D does not improve the rate of return on home R&D.

元の言語English
ページ(範囲)752-777
ページ数26
ジャーナルJournal of Industrial Economics
56
発行部数4
DOI
出版物ステータスPublished - 2008 12 1
外部発表Yes

ASJC Scopus subject areas

  • Accounting
  • Business, Management and Accounting(all)
  • Economics and Econometrics

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