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Cross-Border Linkages in Research and Development: Evidence from 22 US, Asian and European MNCs

Research paper by Takabumi Hayashi, Manuel G Serapio

Indexed on: 12 May '06Published on: 12 May '06Published in: Asian Business & Management



Abstract

This paper shows the steady internationalization of R&D activities and the expansion of cross-border linkages in R&D in 22 US, European, Japanese and Korean electric-electronic multinational companies (MNCs). In contrast to previous studies that have emphasized input factors to measure the internationalization of R&D, this study focuses on output measures, namely, the roles played by overseas R&D facilities of MNCs in US patenting activities and the publication of scientific papers. Using these measures, this study demonstrates that globalization and networking of R&D activities by these MNCs have progressed both in terms of basic and industrial applications.