Category

Number of Access this item:1,266（2024-04-24 03:59 Counts）

Identifier to cite or link to this item: https://hdl.handle.net/10086/13983

Link to primary information 

File Format Size Views Description
cover_13983 pdf
D05-91 pdf 362 KB 1,028

Item Information

Output File

Title
Overseas R&D Activities by Multinational Enterprises: Evidence from Japanese Firm-Level Data
Creator
Creator Name
Todo, Yasuyuki Todo, Yasuyuki
戸堂, 康之 戸堂, 康之
トドウ, ヤスユキ トドウ, ヤスユキ
Affiliation
Affiliation Name
Aoyama Gakuin University
Creator Name
Shimizutani, Satoshi Shimizutani, Satoshi
清水谷, 諭 清水谷, 諭
シミズタニ, サトシ シミズタニ, サトシ
Affiliation
Affiliation Name
Hitotsubashi University
Editor
Contributor Name
社会科学における統計分析拠点構築 = Research Unit for Statistical Analysis in Social Sciences
Key Word
overseas R&D activities
multinational enterprises
total factor productivity
JEL
F23
O30
Abstract
This paper investigates both the determinants and the impact of overseas subsidiaries' R&D activities, using firm-level panel data for Japanese multinational enterprises. We distinguish between overseas innovative and adaptive R&D and find substantial differences between the two types of R&D. The evidence suggests that overseas innovative R&D aims at the exploitation of foreign advanced knowledge, and by doing so, it helps to raise the productivity of the parent firm. In contrast, the primary role of overseas adaptive R&D is to enhance the productivity of overseas subsidiaries through the use of parent firms' knowledge. In addition, we find no complementarity between home and overseas innovative R&D, i.e., no evidence that overseas innovative R&D raises the marginal effect of home R&D on home productivity.
Description
This research was conducted as part of a project on Japanese economic growth undertaken by the Economic and Social Research Institute (ESRI), the Cabinet Office of the Government of Japan.
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2005-05
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Hi-Stat Discussion paper series ; No. d05-91
Relation
Related Identifier
URI
  http://21coe.ier.hit-u.ac.jp/english/index.html
Number of Pages
36
Sponsorship
21世紀COEプログラム = 21st-Century COE Program
Appears in Collections
Hi-Stat Discussion paper series
URL
https://hdl.handle.net/10086/13983