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dc.contributor.author
Hollenstein, Heinz
dc.date.accessioned
2017-06-08T21:18:46Z
dc.date.available
2017-06-08T21:18:46Z
dc.date.issued
2008
dc.identifier.uri
http://hdl.handle.net/20.500.11850/14259
dc.description.abstract
The aim of the paper is, firstly, to identify a number of strategies Swiss firms pursue by performing foreign R&D, expecting that firms, in many instances, are driven by a combination of several motives (“mixed strategies”). Secondly, we ask whether foreign and domestic R&D are substitutes or complements. Thirdly, we draw some policy conclusions based on results for direct and indirect home-country effects of foreign R&D. By applying cluster analysis, we identified four specific patterns of motives of foreign R&D. In a second step, we investigated whether these clusters effectively may be interpreted as specific types of R&D strategies. To this end, the clusters were characterised in terms of a large number of variables, which, according to the OLI paradigm of FDI, determine foreign R&D. We found that the patterns of the four clusters systematically differ with respect to these theory-related variables. Some clusters represent, in terms of motives, broad-based mixed strategies, whereas others are strongly focused. It turns out that foreign R&D strategies that primarily aim at exploiting capabilities of the domestic headquarters dominate, whereas cost-reducing strategies are of very minor importance. In case of the other two strategies knowledge sourcing is a constituent element, in the first one, knowledge sourcing is at the core, in the second case it is an important element in the frame of a broad-based strategy. The relative importance of the four strategies implies that, on balance, foreign and domestic R&D are complements. Notwithstanding this positive result, it is sensible to take policy actions supporting the economy to capitalise even more on outward FDI in R&D. Policy basically should aim at securing the attractiveness of Switzerland as a location for R&D-intensive headquarters of firms performing foreign R&D, and at enhancing knowledge spillovers from headquarter companies to other domestic firms. The five categories of measures we recommend are part of a framework-oriented policy design rather than of a more interventionist concept.
dc.language.iso
en
dc.publisher
FIW
dc.subject
Internationalisation of R&D
dc.subject
Motives of foreign R&D
dc.subject
Foreign R&D strategies
dc.subject
Knowledge spillovers
dc.subject
Home-country effects of outward FDI in R&D
dc.title
Characteristics of Foreign R&D Strategies of Swiss Firms
dc.type
Working Paper
ethz.title.subtitle
Implications for Policy
ethz.journal.title
FIW Working Paper
ethz.journal.volume
15
ethz.size
21 p.
ethz.notes
.
ethz.publication.place
Wien
ethz.publication.status
published
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02045 - Dep. Geistes-, Sozial- u. Staatswiss. / Dep. of Humanities, Social and Pol.Sc.::03446 - Bernauer, Thomas / Bernauer, Thomas
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02045 - Dep. Geistes-, Sozial- u. Staatswiss. / Dep. of Humanities, Social and Pol.Sc.::03446 - Bernauer, Thomas / Bernauer, Thomas
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
ethz.identifier.url
http://www.fiw.ac.at/fileadmin/Documents/Publikationen/Working_Paper/N_015-hollenstein.pdf
ethz.date.deposited
2017-06-08T21:18:52Z
ethz.source
ECIT
ethz.identifier.importid
imp59364c3b3799d34287
ethz.ecitpid
pub:25834
ethz.eth
yes
ethz.availability
Metadata only
ethz.rosetta.installDate
2017-07-31T15:20:18Z
ethz.rosetta.lastUpdated
2018-10-01T06:53:42Z
ethz.rosetta.versionExported
true
ethz.COinS
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