Innovation Behaviour andProductivity Performance in the Nordic RegionDoes Foreign Ownership Matter?
2005 (English)Report (Other academic)
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
Multinational enterprises, Take-Over, Corporate governance, Cross-country comparison, Spillovers, R&D, Innovation, Productivity
IdentifiersURN: urn:nbn:se:kth:diva-72346OAI: oai:DiVA.org:kth-72346DiVA: diva2:487514
QC 201202082012-02-082012-01-312012-02-08Bibliographically approved