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This paper explores offshoring of firms’ research and development functions. Our analysis employs a previously untapped and unique Eurostat International Sourcing Survey. The results are easy to summarize. First, the magnitude of R&D offshoring is small. Second, a large majority of R&D is...
Persistent link: https://www.econbiz.de/10012037672
The aim of this paper is to broaden the knowledge concerning the development of Finnish firms’ innovation activities … results suggest that Finnish firms invest approximately Eur 1.8 billion in innovation activities outside the traditional R …
Persistent link: https://www.econbiz.de/10012037708
Radical innovations require risk-taking. However, it is hard to find an objective measure for innovation investments … that would take riskiness into account. In this paper, we investigate how a simple measure of firms’ innovation investments …. We then build a simple model where firms’ innovation activities and firm risk are interrelated. We use the model to …
Persistent link: https://www.econbiz.de/10012037642