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Live and let die: A survival analysis of foreign R&D units in Swedish MNEs |
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| Institution: | 1. Graduate School of Business Administration, University of Puerto Rico, Main Campus, Plaza Universitaria, North Tower, San Juan, PR 00931 3332, USA;2. GH Raisoni College of Engineering, Nagpur, India;1. The University of Adelaide Business School, 10 Pulteney St., Level 10, Adelaide, SA 5005, Australia;2. Kedge Business School, 680 cours de la Liberation, Talence Cedex, France;1. University of Macau and Huaqiao University, China;2. National University of Singapore, School of Business, 1 Business Link, 117592, Singapore;1. Centre for Institutional Performance, Department of Economics, University of Reading, P.O. Box 218, Reading RG6 6AA, UK;2. School of Management, University of Bath, Bath, BA2 7AY, UK;1. Graduate Institute of Business Administration, College of Management, National Taiwan University, 1, Sec. 4, Roosevelt Road, Taipei 106, Taiwan, ROC;2. Department of Business Administration, Dayeh University, No.168, University Rd., Dacun, Changhua 51591, Taiwan, ROC |
| Abstract: | This paper develops and tests a set of hypotheses regarding factors that influenced the longevity of foreign research and development units in Swedish multinational enterprises over the period 1992–2012. The results reveal an underexplored aspect of the R&D internationalization—the volatility of foreign R&D laboratories. During the investigated period, more than 40% of the R&D units in the sample had been terminated. The results substantiate earlier research regarding the negative effects of mergers and acquisitions on R&D in acquired units but show that these effects are not immediate. They appear – if at all – with a time lag of several years. The hazard of closure for an individual unit seems to be more strongly related to its role and position within the MNE than to local country characteristics. It was smaller for strongly locally embedded units and units with global mandates, but – contrary to expectations – the hazard was greater for units highly integrated with the rest of the MNE. |
| Keywords: | International R&D Survival analysis Population ecology Swedish MNEs Subsidiary evolution |
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