Hakkala, Katariina Nilsson; Bertrand, Olivier; … - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 2008
We analyze how the entry mode of Foreign Direct Investments (FDI) affects affiliate R&D activities. Using unique affiliate level data for Swedish multinational firms, we first present empirical evidence that acquired affiliates have a higher level of R&D intensity than Greenfield (start-up)...