1,721,031 research outputs found
The impact of outward FDI on the performance of Chinese firms
Full text linkUsing new firm-level data from the Emerging Multinationals' Events and Networks DATAbase
(EMENDATA), this paper investigates the effects on Chinese firms of Outward FDI (OFDI) into
advanced European countries. Propensity score matching is combined with a difference-indifference
(DiD) estimator to reduce the problem of self-selection of treated firms in foreign
markets, and to eliminate time-invariant and unobservable differences between those firms and
the controls. The results provide robust evidence supporting the view that China's OFDI so far
have had a positive impact on domestic activities in enhancing firms' productivity and scales of
operation, measured by sales and employment. When we distinguish among investments on
the basis of entrymode, accounting for endogeneity in the selection process, acquisitions facilitate
early access to intangible assets, but are detrimental to financial performance, while greenfield
investments have a stronger impact on the scale and productivity of Chinese multinationals
investing in Europe
Prove di rotazioni: effetto delle colture di mais, frumento e lupino dolce sulle caratteristiche quali-quantitative della produzione e sul suolo.
No full textFirm heterogeneity, absorptive capacity and technical linkages with external parties in Italy
Full text linkWhile it is widely acknowledged that internal R&D is a fundamental source of the ability to absorb, select and use external knowledge, severe data limitations prevent from capturing differences across firms in this respect. Using a novel dataset supplied by the Italian Bureau of Statistics, we highlight that, when controlling for internal R&D efforts, not all firms are equally prone to gain access to external technology, and to the knowledge provided by universities in particular. We find that firms which do not only perform R&D activities but also belong to a group exhibit a higher propensity to access external knowledge by either contracting out R&D or cooperating with external parties, as compared to independent firms that are not organized into groups. This premium persists when controlling for different measures of internal R&D efforts. Furthermore, the differential in the propensity to access external knowledge is particularly high in the case of R&D performers belonging to foreign groups, i.e. Italian affiliates of foreign owned companies; and it is even higher in the case of the few Italian firms that have R&D activities abroad. The relative dis-advantage of independent firms, which represent the bulk of the Italian industry and include most small and medium sized enterprises, appears to be less of an obstacle in the case of linkages with universities, especially when R&D contracting out is considered
Prove di rotazioni: effetto delle colture di mais, frumento e lupino dolce sulle caratteristiche quali-quantitative della produzione e sul suolo.
No full textThe concentration of Health research and innovation across EU regions
No full textHealth research and innovation (R&I) is attracting the attention of EU, national and regional policymakers. As Health policies are becoming a public policy priority – targeting not only social needs but also the overall economic development of EU countries – Health R&I have been identified as key areas of investment. However, despite the attempts to reduce inequalities also in this field, a strong concentration of Health R&I across EU regions still exists. The paper provides recent and novel empirical evidence on the topic, describing the concentration of Health patents, publications and EU project participation in top EU regions. Regional data help in assessing that, also in the Health sector, concentration is not only a cross-country but also a within-country issue
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Foreign vs. domestic multinationals in R&D linkage strategies
No full textThis paper examines how foreign multinationals (FMN) and domestic multinationals (DMN) differ in R&D outsourcing and cooperation. We argue that the propensity of DMN and FMN to create such R&D linkages reflects their specific balance between advantages and challenges of multinationality. On the one hand, both FMN and DMN rely on a combination of home-base advantages and learning capacities, which positively affect their R&D linkages with national and international counterparts. On the other hand, the costs and risks associated with unfamiliar contexts reduce the propensity of FMN to create R&D linkages with local counterparts; while they will not penalise DMN, which do not suffer any liability of foreignness when dealing with local counterparts in their country of origin. This interpretive framework is tested using data on R&D investors active in Italy over 2003–2010, controlling for firms’ internal R&D efforts, internationalisation, age and regional distribution of R&D
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