创新全球化:项目级投资策略和国家类型对研发相关FDI区位选择的调节作用

Q1 Social Sciences
Eliane Choquette, S. Haakonsson, Peter D. Ørberg Jensen, Søren Feodor Nielsen
{"title":"创新全球化:项目级投资策略和国家类型对研发相关FDI区位选择的调节作用","authors":"Eliane Choquette, S. Haakonsson, Peter D. Ørberg Jensen, Søren Feodor Nielsen","doi":"10.18356/2076099x-28-2-1","DOIUrl":null,"url":null,"abstract":"The current stage of globalization involves geographically dispersed research and development (R&D) investments that are not confined to advanced economies. These cross-border R&D investments are driven by multinational enterprises’ (MNEs’) strategies for exploring and/or exploiting foreign locations. In this paper, we analyse location choice and the moderating effect of project-level investment strategy (i.e. exploration or exploitation) and type of host economy (i.e. advanced or emerging) on the importance of the innovation framework and local innovation capabilities. Our analysis of 588 R&D-related foreign direct investment (FDI) projects in the pharmaceutical and biotech industries during the 2006–2016 period reveals that whereas a host country’s innovation framework and capability overall do affect the location decision, their ultimate effects are conditional on the combination of project-level investment strategy and type of economy. Our findings have policy implications for FDI policies aiming at enhancing linkages between MNEs and local actors and national science, technology, innovation and educational policies and programmes.","PeriodicalId":40060,"journal":{"name":"Transnational Corporations","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Globalization of Innovation: The Moderating Role of Project-level Investment Strategy and Country Type in Location Choicee for R&D-related FDI\",\"authors\":\"Eliane Choquette, S. Haakonsson, Peter D. Ørberg Jensen, Søren Feodor Nielsen\",\"doi\":\"10.18356/2076099x-28-2-1\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The current stage of globalization involves geographically dispersed research and development (R&D) investments that are not confined to advanced economies. These cross-border R&D investments are driven by multinational enterprises’ (MNEs’) strategies for exploring and/or exploiting foreign locations. In this paper, we analyse location choice and the moderating effect of project-level investment strategy (i.e. exploration or exploitation) and type of host economy (i.e. advanced or emerging) on the importance of the innovation framework and local innovation capabilities. Our analysis of 588 R&D-related foreign direct investment (FDI) projects in the pharmaceutical and biotech industries during the 2006–2016 period reveals that whereas a host country’s innovation framework and capability overall do affect the location decision, their ultimate effects are conditional on the combination of project-level investment strategy and type of economy. Our findings have policy implications for FDI policies aiming at enhancing linkages between MNEs and local actors and national science, technology, innovation and educational policies and programmes.\",\"PeriodicalId\":40060,\"journal\":{\"name\":\"Transnational Corporations\",\"volume\":\" \",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2021-08-31\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Transnational Corporations\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.18356/2076099x-28-2-1\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"Social Sciences\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Transnational Corporations","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.18356/2076099x-28-2-1","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 1

摘要

当前的全球化阶段涉及地理上分散的研发投资,这些投资并不局限于发达经济体。这些跨境研发投资是由跨国企业探索和/或利用外国地点的战略推动的。在本文中,我们分析了地点选择以及项目级投资战略(即勘探或开发)和东道国经济类型(即先进或新兴)对创新框架和地方创新能力重要性的调节作用。我们对2006-2016年期间制药和生物技术行业588个与研发相关的外国直接投资(FDI)项目的分析表明,尽管东道国的创新框架和整体能力确实会影响选址决策,但其最终影响取决于项目级投资战略和经济类型的组合。我们的研究结果对旨在加强跨国公司与地方行为者之间联系的外国直接投资政策以及国家科学、技术、创新和教育政策和方案具有政策意义。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Globalization of Innovation: The Moderating Role of Project-level Investment Strategy and Country Type in Location Choicee for R&D-related FDI
The current stage of globalization involves geographically dispersed research and development (R&D) investments that are not confined to advanced economies. These cross-border R&D investments are driven by multinational enterprises’ (MNEs’) strategies for exploring and/or exploiting foreign locations. In this paper, we analyse location choice and the moderating effect of project-level investment strategy (i.e. exploration or exploitation) and type of host economy (i.e. advanced or emerging) on the importance of the innovation framework and local innovation capabilities. Our analysis of 588 R&D-related foreign direct investment (FDI) projects in the pharmaceutical and biotech industries during the 2006–2016 period reveals that whereas a host country’s innovation framework and capability overall do affect the location decision, their ultimate effects are conditional on the combination of project-level investment strategy and type of economy. Our findings have policy implications for FDI policies aiming at enhancing linkages between MNEs and local actors and national science, technology, innovation and educational policies and programmes.
求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
Transnational Corporations
Transnational Corporations Social Sciences-Political Science and International Relations
CiteScore
4.50
自引率
0.00%
发文量
15
期刊介绍: Transnational Corporations is a double-blind refereed journal published three times a year by UNCTAD. Its basic objective is to publish policy-oriented articles and research notes that provide insights into the economic, legal, social and cultural impacts of transnational corporations and foreign direct investment in an increasingly global economy and the policy implications that arise therefrom. It focuses especially on political and economic issues related to transnational corporations.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信