dc.contributor | 經濟系 | zh_Tw |
dc.creator (作者) | 翁永和 | zh_TW |
dc.creator (作者) | Hsu, Kuang-Chung | en_US |
dc.creator (作者) | Weng, Yungho | en_US |
dc.date (日期) | 2017 | en_US |
dc.date.accessioned | 21-Mar-2018 17:36:14 (UTC+8) | - |
dc.date.available | 21-Mar-2018 17:36:14 (UTC+8) | - |
dc.date.issued (上傳時間) | 21-Mar-2018 17:36:14 (UTC+8) | - |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/116417 | - |
dc.description.abstract (摘要) | This paper investigates which firm-specific characteristics lead multinational enterprises (MNEs) to increase their R&D expenditure in host countries as a way of expanding their business into local markets (market-oriented R&D). The literature that addresses this topic is quite limited because of the difficulty of separating market-oriented R&D expenditure from knowledge-sourcing R&D expenditure in the data. We argue that determining the relationship between local sales and R&D expenditure is a better way to identify whether MNEs are investing market-oriented R&D than is separating the two types of R&D. For connecting firm-specific characteristics, local-market sales, and R&D expenditure together, we adapt two-stage regressions. By employing data from Taiwanese multinationals from 2003 to 2006, we found that if an MNE moves its technology toward capital-intensive products, it increases its R&D expenditure to promote its sales in the local markets in the host country. | en_US |
dc.format.extent | 467064 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.relation (關聯) | Empirical Economics | - |
dc.subject (關鍵詞) | Multinationals ; R&D offshoring ; Foreign direct investment | en_US |
dc.title (題名) | Detecting Which Firm-Specific Characteristics Impact Market-Oriented R&D | zh_TW |
dc.type (資料類型) | article | - |
dc.identifier.doi (DOI) | 10.1007/s00181-017-1340-4 | - |
dc.doi.uri (DOI) | https://doi.org/10.1007/s00181-017-1340-4 | - |