| Innovative Activities of Multinational Enterprises in Austria Contributor(s): Elsner, Wolfram (Editor), Dachs, Bernhard (Author) |
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ISBN: 3631590946 ISBN-13: 9783631590942 Publisher: Peter Lang Gmbh, Internationaler Verlag Der W OUR PRICE: $78.80 Product Type: Paperback Published: March 2009 |
| Additional Information |
| BISAC Categories: - Business & Economics | Corporate & Business History - General |
| LCCN: 2015302614 |
| Series: Strukturwandel Und Strukturpolitik |
| Physical Information: 204 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This book contributes to ongoing policy discussions on the internationalisation of innovation. Foreign-owned enterprises account for a rising share of national innovation expenditures and have become key actors in the national innovation systems of almost all OECD countries. Their new roles give rise to both hopes and concerns. The author examines the innovative activities of foreign-owned enterprises in Austria, a country with a huge share of overseas R&D investment. Empirical analysis reveals that foreign-owned enterprises exhibit a superior innovation performance compared to domestically owned enterprises. The performance differences, however, can be explained by factors such as firm size, sectoral affiliation, and export intensity, rather than by the ownership status. With respect to policy, the results neither confirm fears that foreign ownership could lead to an erosion of innovative activity in the host country, nor do they provide arguments for specific incentives to attract foreign-owned enterprises. Innovation policy should instead try to foster innovative capabilities of both foreign-owned and domestically owned enterprises. |
