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Innovation Behaviour andProductivity Performance in the Nordic RegionDoes Foreign Ownership Matter?
KTH, School of Industrial Engineering and Management (ITM), Centres, Centre of Excellence for Science and Innovation Studies, CESIS. KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Economics.ORCID iD: 0000-0002-5871-8571
2005 (English)Report (Other academic)
Abstract [en]

This paper addresses the involvement of foreign companies in domestic economies; the relative engagement offoreign-owned companies in R&D-activities; the relative embeddedness in various national innovation systemsand the relative output performance from R&D and innovation. A comparison is made between the innovationand productivity of foreign owned enterprises, of different corporate styles, (Nordic, Anglo-Saxon andContinental European) and the different corporate structures of domestically owned firms (multinational anduninational). Using 5 186 firm level observations from Denmark, Finland, Norway and Sweden, and based onthe international harmonized Community Innovation Survey and uniform econometric approaches; the studyconfirms previous findings, presents new results and identifies country, corporate style and corporate governancedifferences. Some new lights is also shed on a seemingly paradoxical relationship between R&D and innovation,and between R&D and productivity.

Place, publisher, year, edition, pages
CESIS, KTH Royal Institute of Technology , 2005. , 31 p.
CESIS Working Paper Series in Economics and Institutions of Innovation, 27
Keyword [en]
Multinational enterprises, Take-Over, Corporate governance, Cross-country comparison, Spillovers, R&D, Innovation, Productivity
National Category
URN: urn:nbn:se:kth:diva-72346OAI: diva2:487514
QC 20120208Available from: 2012-02-08 Created: 2012-01-31 Last updated: 2012-02-08Bibliographically approved

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