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ISBN: 978-92-64-04404-3
Published: June 2008
Pages: 110
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Table of contents | How to obtain this publication
Globalisation is quickly reshaping the international economic landscape, resulting in an increasing global supply of science and technology (S&T) resources and capabilities. China and India, for example, have taken their place as important players with a growing capacity for research and innovation.
As global competition intensifies and innovation becomes riskier and more costly, the business sector is internationalising knowledge-intensive corporate functions, including R&D. Firms increasingly offshore R&D activities to other countries to sense new market and technology trends worldwide. Overall, the internationalisation of a firm’s R&D promises substantial benefits (cost efficiency, learning potential, etc) but also creates serious challenges for many countries (such as the loss of R&D jobs and knowledge).
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This report brings together the empirical evidence on the internationalisation of business R&D. It analyses trends in the offshoring of R&D, examines its drivers and motivations, and identifies implications for innovation policy. It examines the internationalisation of R&D through foreign direct investment (FDI) by multinational enterprises (MNEs), which account for the bulk of business R&D in the OECD area. It also discusses complementary aspects of the global innovation landscape, such as the internationalisation of science, the growing importance of international technology co-operation and the growing international mobility of researchers.
Table of contents
Executive Summary (download)
Introduction
Chapter 1. The Activities of Multinationals Abroad
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Globalisation on the rise: the emergence of global value chains
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The increasing internationalisation of R&D
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The role of multinationals in global R&D
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Most R&D investments abroad still go to OECD countries
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Increased R&D activity by multinationals in emerging countries
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Patenting by multinationals abroad
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Drivers and motivations of foreign direct investment in R&D
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Outward FDI in R&D by emerging countries
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Organising and managing R&D internationalisation within MNEs
Chapter 2. The Internationalisation of Innovation
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The changing landscape for R&D investment
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The internationalisation of R&D and technology collaboration
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The internationalisation of science
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The international mobility of human resources in science and technology
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The international exploitation of technology
Chapter 3. Policy Implications
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Challenges and opportunities in the internationalisation of business research and development
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Policies relating to the internationalisation of R&D by MNEs
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Policies to encourage the internationalisation of innovation
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Concluding remarks
Bibilography
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