R&D investment dynamics in agglomerations under weak appropriability regimes: Evidence from Indian R&D labs

• 成果类型: Article
• 署名作者: Lamin, Anna; Ramos, Miguel A.
• 署名单位: Northeastern University; University of Texas System; University of Texas El Paso
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.2351
• 发表日期: 2016
• 页码: 604-621
• 关键词: Research and development; agglomeration; knowledge spillovers; emerging economies; Intellectual property rights

摘要

What are the dynamics of R&D investment when firms agglomerate in environments with weak intellectual property rights protection? Specifically, do foreign and domestic firms present equal opportunities for free riding by domestic firms in such environments? We examine the impact on local firms' R&D investment from knowledge spillovers originating from co-located foreign and domestic firms within and across industries. Building on fieldwork in India, we predict free riding by local firms on nearby foreign and local firms. Furthermore, we expect local firms to free ride more from other local firms within their industry and from foreign firms across industries. Analyzing a sample of 3,475 R&D lab investment decisions during 2003-2010 in India, we find that local firms free ride from other local firms both within and across industries. Copyright (c) 2014 John Wiley & Sons, Ltd.