Foreign ownership and domestic cooperation for innovation during good and harsh economic times
A sample of firms active in the Spanish information and communication technology sector during 2003–2014 is analysed to assess whether foreign subsidiaries are likely to make a technological contribution to domestic innovative capabilities during expansive phases of the business cycle and during rec...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Estado: | Versión aceptada para publicación |
| Fecha de publicación: | 2020 |
| País: | España |
| Institución: | Consejo Superior de Investigaciones Científicas (CSIC) |
| Repositorio: | DIGITAL.CSIC. Repositorio Institucional del CSIC |
| OAI Identifier: | oai:digital.csic.es:10261/236106 |
| Acceso en línea: | http://hdl.handle.net/10261/236106 |
| Access Level: | acceso abierto |
| Palabra clave: | Internationalisation of R&D Foreign subsidiaries Cooperation for innovation ICT sector Crisis Spain Open innovation MNEs Domestic firms Great recession |
| Sumario: | A sample of firms active in the Spanish information and communication technology sector during 2003–2014 is analysed to assess whether foreign subsidiaries are likely to make a technological contribution to domestic innovative capabilities during expansive phases of the business cycle and during recessions. Domestic firms are used as a control group. Innovative foreign subsidiaries are more likely than non-innovative foreign subsidiaries to cooperate for innovation with local partners. However, the most advanced foreign subsidiaries seem reluctant to engage in local cooperation for innovation. Foreign subsidiaries have shown greater capability than domestic firms in increasing their collaboration with local partners during the 2008 crisis. |
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