Bertrand, Olivier; Hakkala, Katariina; Norbäck, Pehr-Johan - Institutet för Näringslivsforskning (IFN) - 2007
This paper investigates how the entry mode of foreign direct investment (FDI) affects the affiliate R&D activities using unique data on Swedish multinational firms over a long period of time (1970 to 1998). On average, acquired affiliates are more likely to do R&D and have a higher level of R&D...