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Regional StudiesVolume 49, Issue 11, 2 November 2015, Pages 1805-1821

Do Technology Leaders Deter Inward R&D Investments? Evidence from Regional R&D Location Decisions in Europe(Article)(Open Access)

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  • aDepartment of Managerial Economics, Strategy and Innovation, University of Leuven, Naamsestraat 69, Leuven, B-3000, Belgium
  • bUNU-MERIT, Maastricht, Netherlands
  • cSchool of Business and Economics, Maastricht University, Maastricht, Netherlands
  • dDepartment of Managerial Economics, Strategy and Innovation, University of Leuven, Campus Antwerp, Korte Nieuwstraat 33, Antwerp, B-2000, Belgium

Abstract

Belderbos R. and Somers D. Do technology leaders deter inward R&D investments? Evidence from regional R&D location decisions in Europe, Regional Studies. This paper examines the influence of local technology leaders on the attractiveness of regions for inward research and development (R&D) investments in an analysis of location choices for 196 cross-border R&D investments in EU-15 countries, 2003–08. While the strength of the regional technology cluster attracts inward R&D investments, investors are discouraged by a concentration of technology activities due to the presence of regional technology leaders. This effect occurs primarily if leaders organize their R&D in the region to reduce knowledge outflows to collocated firms – by drawing on intra-firm cross-border knowledge flows and complementary contributions of multiple R&D units. © 2015 Regional Studies Association.

Author keywords

Location choiceMultinational firmsresearch and development (R&D)

Indexed keywords

GEOBASE Subject Index:European Unioninvestmentlocation decisionmultinational enterpriseresearch and development
Regional Index:Europe
  • ISSN: 00343404
  • Source Type: Journal
  • Original language: English
  • DOI: 10.1080/00343404.2015.1018881
  • Document Type: Article
  • Publisher: Routledge

  Somers, D.; Department of Managerial Economics, Strategy and Innovation, University of Leuven, Campus Antwerp, Korte Nieuwstraat 33, Antwerp, Belgium
© Copyright 2015 Elsevier B.V., All rights reserved.

Cited by 11 documents

Belderbos, R. , Park, J. , Carree, M.
Do R&D investments in weak IPR countries destroy market value? The role of internal linkages
(2021) Strategic Management Journal
Belderbos, R.A. , Kazimierczak, M. , Goedhuys, M.
Trademarks, patents and the appropriation strategies of incumbents: the scope of new firm formation in European regions
(2021) Regional Studies
Hervas-Oliver, J.-L. , Belussi, F. , Sedita, S.R.
Approaching multinationals in clusters from different perspectives: An integration of literatures
(2020) Competitiveness Review
View details of all 11 citations
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