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  •   Repositorio Institucional Universidad EAFIT
  • Investigación
  • Escuela de Finanzas, Economía y Gobierno
  • Centro de Investigaciones Económicas y Financieras (CIEF)
  • Documentos de trabajo (working papers)
  • View Item
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Determinants of internal versus external R&D offshoring: Evidence from Spanish firms

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Documento de trabajo de investigación (1.186Mb)
Date
2014-12-15
Author(s)
Tamayo, Mery Patricia
Huergo, Elena
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Abstract
Abstract
This paper analyzes the determinants of R&D offshoring of Spanish firms using information from the Panel of Technological Innovation. We find that being an exporter, continuous R&D engagement, applying for patents, being a subsidiary, and firm size are factors that positively affect the decision to offshore R&D. In addition, we obtain that the factors that influence this decision for firms that belong to a business group differ depending on whether the firm purchases R&D services within the group or through the market: the lack of information is an obstacle relatively less important for internal R&D offshoring than for external R&D offshoring, while a higher degree of importance assigned to institutional and market sources of information for innovation as compared to internal sources increases the probability of R&D offshoring through the market.
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URI
http://hdl.handle.net/10784/4647
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  • Documentos de trabajo (working papers) [383]

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