Globalisation, industrial diversification and productivity growth in large European R&D companies

Arbeitspapier

This paper aims to assess the impact of both geographic and industrial diversification of economic activities on the productivity performance of large European R&D Multinational Enterprises (MNEs). Based on the worldwide subsidiaries of these firms, we measure the performance of the firms according to their level of industrial diversification and globalisation that we proxy with the presence and importance of subsidiaries in the EU, North America and Asia-Pacific regions. The sample consists of large R&D firms that represent about 80% of total European R&D. In general, the results indicate a positive impact from globalisation on firms’ R&D productivity, especially in the US, while a negative impact for industrial diversification is found.

Object Details

• ISBN: 978-92-79-19536-5
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IPTS Working Papers on Corporate R&D and Innovation ; No. 01/2011

Classification and Topics

• Classification: Wirtschaft ; Technological Change: Choices and Consequences; Diffusion Processes
• Subject: R&D ; European MNEs ; productivity ; globalisation ; industrial diversification

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Cincera, Michele ; Ravet, Julien
• Event: Veröffentlichung
• (who): European Commission, Joint Research Centre (JRC)
• (where): Seville
• (when): 2011

Further information

• DOI: doi:10.2791/54102
• Handle: http://hdl.handle.net/10419/202129
• Last update: 10.03.2025, 11:43 AM CET