Multinational firms, technology and location

• 成果类型: Article
• 署名作者: Norbäck, PJ
• 署名单位: Research Institute of Industrial Economics (IFN)
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/S0022-1996(00)00092-1
• 发表日期: 2001
• 页码: 449-469
• 关键词: multinational firms; R&D; location; empirical analyses

摘要

This paper analyzes a three-stage optimization problem in which a firm chooses (i) its technology, by deciding on a level of R&D, (ii) whether this technology is to be used in a domestic or a foreign plant and (iii) the quantity produced and sold on the market. If technology transfer costs are low, 'high-tech' or R&D-intensive firms tend to produce abroad. At higher technology transfer costs, high-tech firms tend to export. An empirical analysis using a data set of Swedish multinational firms, confirms the latter prediction. (C) 2001 Elsevier Science B,V, All rights reserved.