Location of R&D and high-tech production by vertically integrated multinationals

• 成果类型: Article
• 署名作者: Ekholm, Karolina; Hakkala, Katariina
• 署名单位: Research Institute of Industrial Economics (IFN); Stockholm School of Economics
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/j.1468-0297.2007.02028.x
• 发表日期: 2007
• 页码: 512-543
• 关键词: geographic localization; economic-geography; TRADE; spillovers; COMPLEMENTARITY; equilibrium; INNOVATION; GROWTH; FIRMS

摘要

This article extends the theory of multinational firms by allowing for agglomeration forces in firm-level activities such as R&D as well as in production. We develop a two-country general-equilibrium model where firms make separate choices about the location of R&D and production. There are R&D spillovers and a home-market effect creating incentives for firms to locate production in the relatively large market. For relatively weak R&D spillovers and intermediate trade costs, the smaller economy tends to specialise in R&D. While skilled labour may gain from hosting an agglomeration of R&D activities, unskilled labour.