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R&D offshoring and the productivity growth of European regions

Castellani, Davide LU and Pieri, Fabio (2013) In Research Policy 42(9). p.1581-1594
Abstract
The recent increase in R&D offshoring has raised fears that knowledge and competitiveness in advanced countries may be at risk of 'hollowing out'. At the same time, economic research has stressed that this process is also likely to allow some reverse technology transfer and foster growth at home. This paper addresses this issue by investigating the extent to which R&D offshoring is associated with productivity dynamics of European regions. We find that offshoring regions have higher productivity growth, but this positive effect fades with the number of investment projects carried out abroad. A large and positive correlation emerges between the extent of R&D offshoring and the home region productivity growth, supporting the idea... (More)
The recent increase in R&D offshoring has raised fears that knowledge and competitiveness in advanced countries may be at risk of 'hollowing out'. At the same time, economic research has stressed that this process is also likely to allow some reverse technology transfer and foster growth at home. This paper addresses this issue by investigating the extent to which R&D offshoring is associated with productivity dynamics of European regions. We find that offshoring regions have higher productivity growth, but this positive effect fades with the number of investment projects carried out abroad. A large and positive correlation emerges between the extent of R&D offshoring and the home region productivity growth, supporting the idea that carrying out R&D abroad strengthens European competitiveness. (C) 2013 Elsevier B.V. All rights reserved. (Less)
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type
Contribution to journal
publication status
published
subject
keywords
R&D offshoring, Regional productivity, Foreign investments, Europe
in
Research Policy
volume
42
issue
9
pages
1581 - 1594
publisher
Elsevier
external identifiers
  • wos:000326557600006
  • scopus:84885616004
ISSN
0048-7333
DOI
10.1016/j.respol.2013.05.009
language
English
LU publication?
yes
id
045a0279-189f-49fe-98d4-0147df8c865a (old id 4201025)
date added to LUP
2016-04-01 14:04:46
date last changed
2024-01-09 22:42:48
@article{045a0279-189f-49fe-98d4-0147df8c865a,
  abstract     = {{The recent increase in R&D offshoring has raised fears that knowledge and competitiveness in advanced countries may be at risk of 'hollowing out'. At the same time, economic research has stressed that this process is also likely to allow some reverse technology transfer and foster growth at home. This paper addresses this issue by investigating the extent to which R&D offshoring is associated with productivity dynamics of European regions. We find that offshoring regions have higher productivity growth, but this positive effect fades with the number of investment projects carried out abroad. A large and positive correlation emerges between the extent of R&D offshoring and the home region productivity growth, supporting the idea that carrying out R&D abroad strengthens European competitiveness. (C) 2013 Elsevier B.V. All rights reserved.}},
  author       = {{Castellani, Davide and Pieri, Fabio}},
  issn         = {{0048-7333}},
  keywords     = {{R&D offshoring; Regional productivity; Foreign investments; Europe}},
  language     = {{eng}},
  number       = {{9}},
  pages        = {{1581--1594}},
  publisher    = {{Elsevier}},
  series       = {{Research Policy}},
  title        = {{R&D offshoring and the productivity growth of European regions}},
  url          = {{http://dx.doi.org/10.1016/j.respol.2013.05.009}},
  doi          = {{10.1016/j.respol.2013.05.009}},
  volume       = {{42}},
  year         = {{2013}},
}