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dc.contributor.authorGrünfeld, Leo A.
dc.identifier.citationWorking Paper, NUPI nr. 606. NUPI, 2000nb_NO
dc.identifier.issn0800 - 0018
dc.description.abstractThis paper explores the relationship between domestic R&D and the inflow of foreign capital through foreign direct investment and foreign ownership. The idea that firms invest in a foreign country in order to more easily absorb the knowledge and technology of foreign firms is tested empirically using a unique firm level data set covering foreign ownership and R&D for all Norwegian firms over the period 1990 to 1996. The study gives no clear evidence supporting the existence of such a motive behind foreign ownership. On the other hand, the econometric study indicates that foreign investors may try to exploit their technological advantages in the Norwegian market. The results also show that the degree of foreign ownership is more volatile when firms are highly R&D intensive. We hypothesize that this is due to the fact that large R&D investments often result in large losses as well as gains to the firms.nb_NO
dc.relation.ispartofseriesNUPI Working Paper;606
dc.rightsNavngivelse-Ikkekommersiell-DelPåSammeVilkår 3.0 Norge*
dc.titleForeign Ownership, R&D and Technology Sourcingnb_NO
dc.typeWorking papernb_NO
dc.source.pagenumber37 p.nb_NO
dc.subject.keywordInternasjonal økonomi / International economics
dc.relation.projectThe Norwegian Research Council: 124567/510nb_NO

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Navngivelse-Ikkekommersiell-DelPåSammeVilkår 3.0 Norge
Except where otherwise noted, this item's license is described as Navngivelse-Ikkekommersiell-DelPåSammeVilkår 3.0 Norge