

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.
| GEOBASE Subject Index: | European Unioninvestmentlocation decisionmultinational enterpriseresearch and development |
|---|---|
| Regional Index: | Europe |
Somers, D.; Department of Managerial Economics, Strategy and Innovation, University of Leuven, Campus Antwerp, Korte Nieuwstraat 33, Antwerp, Belgium
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