A vast amount of evidence confirms that enterprises not only produce and sell, but increasingly also develop goods and services outside their home countries, a development that became known as the internationalization of business R&D. Today, large European firms perform R&D activities at different locations. Alike, multinational enterprises from the United States have considerably extended their R&D activities in the European Union, and new players from emerging economies are entering the scene: Brazil, China, India and other emerging economies have come into focus as host countries for R&D activities of US and European multinational enterprises.
The book presents a comprehensive picture of the current state of the internationalisation of R&D in the business sector. The various chapters describe the main patterns in R&D internationalization across countries and sectors, examine the drivers of the process, and reveal impacts of R&D internationalization on home and host countries applying both qualitative and quantitative analysis. Complementary case studies give further insights into the process of R&D internationalization at country and sectoral level pointing towards heterogenous patterns and differences with respect to drivers and impacts.
The book is based on the results of the study „Internationalisation of business investments in R&D and analysis of their economic impact”, which was commissioned by the European Commission, DG Research and Innovation (Contract no. RTD/C3/2010/SI2.561034) and undertaken jointly by The Vienna institute for International Economic Studies (wiiw) and the Austrian Institute of Technology (AIT) .