A Comparison of the Location Strategies of U.S. and Japanese Multinationals in a View of Knowledge Spillovers
A Comparison of the Location Strategies of U.S. and Japanese Multinationals in a View of Knowledge Spillovers
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知识溢出视角下美日跨国公司区位战略比较
DOI:
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发表时间:
2006
期刊:
影响因子:
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通讯作者:
Y. Baba
中科院分区:
文献类型:
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作者:
Simon Y. Liu;Naohiro Shichijo;Y. Baba
Given the importance of external research collaboration for multinational enterprises (MNEs), we examine the pace of knowledge spillovers and analyze MNEs’ location strategies for research collaboration in China by doing conditional logit estimation. As knowledge spillovers are associated with patent citations and foreign direct investments (FDIs), we find, by analysis of USPTO patent data and statistical data of regional economy, that the geographical distribution of MNEs’ research collaborators is positively associated with the distributions of local R&D intensity (patent stock) and FDI intensity (firms with FDI). Other results suggest that Japanese MNEs collaborate more closely based on the distribution of SIPO patent stock, while U.S. MNEs collaborate more narrowly and closely based on the distribution of firms with FDI. The findings further illustrate that MNEs’ location strategies are associated with not only inward knowledge spillovers but also outward knowledge spillovers in terms of geographical R&D intensity and FDI intensity in China.