1. How does Internationalisation affect the productivity of R&D activities in large innovative firms? A conditional nonparametric investigation
- Author
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Laurens, P., Toma, P., Schoen, A., Daraio, C., Laredo, P., Laboratoire Interdisciplinaire Sciences, Innovations, Sociétés (LISIS), Institut National de la Recherche Agronomique (INRA)-Université Paris-Est Marne-la-Vallée (UPEM)-ESIEE Paris-Centre National de la Recherche Scientifique (CNRS), Laurens, Patricia, Toma, Pierluigi, Schoen, Antoine, Daraio, Cinzia, Larédo, Philippe, Centre National de la Recherche Scientifique (CNRS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE)-Université Gustave Eiffel, University of Salento [Lecce], Department of Informatics and System Sciences (Sapienza University of Rome), Università degli Studi di Roma 'La Sapienza' = Sapienza University [Rome] (UNIROMA), University of Manchester [Manchester], The research has received funding from RISIS projects funded by the European Union's Seventh Framework Programme FP7/RISIS project, 313082) and the European Union's H2020/RISIS2 project, 821491)., European Project: 313082,EC:FP7:INFRA,FP7-INFRASTRUCTURES-2012-1,RISIS(2014), and European Project: 8911552(1989)
- Subjects
Statistics and Probability ,multinationality ,L25 ,JEL: F - International Economics/F.F2 - International Factor Movements and International Business/F.F2.F23 - Multinational Firms • International Business ,patents ,Conditional efficiency ,JEL: O - Economic Development, Innovation, Technological Change, and Growth/O.O3 - Innovation • Research and Development • Technological Change • Intellectual Property Rights/O.O3.O32 - Management of Technological Innovation and R&D ,General Social Sciences ,DEA modelling JEL classification O32 ,JEL: C - Mathematical and Quantitative Methods/C.C4 - Econometric and Statistical Methods: Special Topics/C.C4.C44 - Operations Research • Statistical Decision Theory ,JEL: L - Industrial Organization/L.L2 - Firm Objectives, Organization, and Behavior/L.L2.L25 - Firm Performance: Size, Diversification, and Scope ,DEA modelling ,Multinationality ,Patents ,R&D productivity ,[SHS.GESTION]Humanities and Social Sciences/Business administration ,F23 ,C44 - Abstract
This work explores the relationship between multinational R&D and innovation productivity among top corporate knowledge and R&D producers by adopting a twofold concept of internationalisation: (1) the firm’s degree of R&D internationalisation, and (2) the firm’s geographic diversification. We model the patent production process with an appropriate and robust conditional Data Envelopment Analysis (DEA) estimator, using a unique database of firms that matches financial indicators and patent information. Our results reinforce the fundamental role of internationalisation in the knowledge production process when the internationalisation process is properly and strategically managed. We interpret our empirical evidence through the theoretical lens of the learning theory of internationalisation, and we postulate that a high R&D intensity is a key driver to overcoming the challenges of internationalisation.
- Published
- 2022