Scandinavian Working Papers in Economics

Working Paper Series in Economics and Institutions of Innovation,
Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

No 60: Global Location Patterns of R&D Investments

Börje Johansson () and Hans Lööf ()
Additional contact information
Börje Johansson: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden
Hans Lööf: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden

Abstract: This paper concerns offshore R&D investments, focusing mainly on large multinational companies within the industrialized world. What do we know about offshore R&D activities regarding trends, scope and destinations, driving forces and constraints? What do we know about consequences for the R&D investing company? What is the impact on national systems of innovation, regional R&D externalities as well as on agglomeration and urban economies of home and host countries?

Keywords: foreign direct investment; R&D; innovation; externalities

JEL-codes: F21; F23; O30

18 pages, April 5, 2006

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