The determinants of domestic and oversea R&D decision: An empirical study of Taiwan multinational enterprises. / 對外投資廠商海外研發活動決策因素及相關性之研究

碩士 / 淡江大學 / 產業經濟學系博士班 / 96 / Under the wave of globalization, innovation activities are no longer confined to the developed countries.. Currently, many multinational enterprises (MNEs) not only establish R&D center in home country, but also set up R&D labs oversea, with various considerations to choose the offshore R&D locations. In this study, we apply Bivariate probit model to the firm level data of Taiwanese manufacturing to investigate the relation between domestic and oversea R&D decisions, and their determinants. The heterogeneity between high-tech and non-high-tech industries is considered and a time trend variable is introduced to investigate if the impact of oversea R&D decision on domestic R&D decision expressed a traceable trend.
According to our empirical result, the decisions of domestic and oversea R&D activities are highly correlated in the samples of whole Taiwan manufacturing, the high-tech and non-high-tech industries. Specifically, in the high-tech industry, the direct impact of oversea R&D decision is negative on domestic R&D decision. In addition, the negative impact of oversea R&D decision on domestic R&D decision increases as time passed , no matter in the samples of the whole manufacturing, or the high-tech , or the non-high-tech industries. These results imply that the small and medium-sized enterprises in Taiwan usually do not have that much bankrolls on innovation to support domestic and oversea R&D activities at the same time, thus they will tend to choose their R&D location between home country or oversea only.

Identiferoai:union.ndltd.org:TW/096TKU05334008
Date January 2008
CreatorsChun-Hung Lin, 林俊宏
ContributorsPei-Chien Lin, 林佩蒨
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format60

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