The role of firm-level and country-level antecedents in explaining emerging versus advanced economy multinationals' R&D internationalization strategies |
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Institution: | 1. Institute of Business and Economics, Brandenburg University of Technology Cottbus-Senftenberg, Erich-Weinert-Straße 1, 03046 Cottbus, Germany;2. Institute for Development Strategies, Indiana University Bloomington, 1315 East 10th Street, Bloomington, IN 47405, USA;3. School of Business and Economics, Philipps-Universität Marburg, Universitätsstraße 25, 35037 Marburg, Germany;4. RWI - Leibniz-Institut für Wirtschaftsforschung, Hohenzollernstrasse 1–3, 45128 Essen, Germany;5. Department of Innovation Management and Strategy, Faculty of Economics and Business, University of Groningen, Nettelbosje 2, 9747 AE Groningen, The Netherlands;6. Chair of Entrepreneurship and Economic Development & UNESCO-Chair of Entrepreneurship and Intercultural Management, Schumpeter School of Business and Economics, University of Wuppertal, Gaußstrasse 20, 42119 Wuppertal, Germany;7. Jackstädt Center of Entrepreneurship and Innovation Research, University of Wuppertal, Gaußstrasse 20, 42119 Wuppertal, Germany |
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Abstract: | We examined firm-level and country-level antecedents of R&D internationalization strategies, focusing on differences between enterprises in emerging and advanced economies. Previous research often focuses on the relative importance of home-base-exploiting versus home-base-augmenting knowledge transfer strategies. We suggest that country-level and firm-level effects differ for the two strategies, and hence, we examined each strategy independently. Collecting data in China, India, the United States, and Germany, we demonstrated that firms' relative technological position as a firm-level characteristic can explain differences in home-base-exploiting strategies between emerging and advanced economies. In contrast, home-base-augmenting is more closely related to exploratory institutional environments, a country-level factor. Thus, either firm- or country-level antecedents can gain a dominant role, depending on the strategy implemented. |
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Keywords: | Emerging-economy multinational companies Innovation and R&D Internationalization Home-base-augmenting Home-base-exploiting Institutional environment |
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