The innovative performance of foreign-owned enterprises in small open economies |
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Authors: | Bernhard Dachs Bernd Ebersberger Hans Lööf |
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Institution: | 1. Department of Technology Policy, Austrian Research Centers – ARC, Vienna, Austria 2. MCI Management Center Innsbruck, Universit?tsstr. 15, Innsbruck, 6020, Austria 3. Royal Institute of Technology, Stockholm, Sweden
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Abstract: | This paper compares the innovative performance of foreign-owned and domestically owned enterprises in five European countries.
We look at innovation inputs, outputs, and examine how strong foreign-owned enterprises are embedded in the innovations systems
of their host countries. We find that foreign ownership is associated with similar levels of innovation input, but higher
levels of innovation output and higher labour productivity compared to domestic ownership. In four of the five countries,
affiliates of foreign multinationals show a similar or even a higher propensity to co-operate with domestic partners than
domestically owned enterprises.
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Keywords: | Austria Denmark Finland Norway Sweden Innovation Multinational enterprises Foreign-owned enterprises CIS |
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