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Foreign ownership and domestic cooperation for innovation during good and harsh economic times

AuthorsGarcía-Sánchez, Antonio; Rama Dellepiane, Ruth
KeywordsInternationalisation of R&D
Foreign subsidiaries
Cooperation for innovation
ICT sector
Open innovation
Domestic firms
Great recession
Issue Date2020
PublisherInderscience Publishers
CitationInternational Journal of Multinational Corporation Strategy 3(1): 4-25 (2020)
AbstractA sample of firms active in the Spanish information and communication technology sector during 2003–2014 is analysed to assess whether foreign subsidiaries are likely to make a technological contribution to domestic innovative capabilities during expansive phases of the business cycle and during recessions. Domestic firms are used as a control group. Innovative foreign subsidiaries are more likely than non-innovative foreign subsidiaries to cooperate for innovation with local partners. However, the most advanced foreign subsidiaries seem reluctant to engage in local cooperation for innovation. Foreign subsidiaries have shown greater capability than domestic firms in increasing their collaboration with local partners during the 2008 crisis.
Publisher version (URL)https://doi.org/10.1504/IJMCS.2020.107674
Appears in Collections:(CCHS-IEGD) Artículos
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