This paper empirically analyses the determinants of firm participation in Research Joint Ventures (RJVs). A review of the theoretical literature highlights the difficulty of identifying testable hypotheses. Using a large database of European RJVs, we estimate a participation equation at the firm...

This paper presents a simple model to analyse the impact of geographically localised spillovers on the internationalisation decision of firms. We argue that, once spatially bounded externalities are taken into account, the standard predictions on the nature and direction of foreign direct...

A review of the literature indicates that Foreign Direct Investment has the potential to increase the intensity of competition and to act as a channel for technology transfers. Using a Spanish firm level data set, we disentangle these effects by estimating a dynamic model of firm level...