The New Geography of Research and Development: Determinants of Location Choices for Foreign Direct Investments in R&D

Peter D. Ørberg  Jensen; Eliane Choquette; Stine Jessen Haakonsson; Søren Feodor Nielsen

The New Geography of Research and Development: Determinants of Location Choices for Foreign Direct Investments in R&D

Peter D. Ørberg Jensen, Eliane Choquette, Stine Jessen Haakonsson, Søren Feodor Nielsen

Institut for Finansiering

Aarhus Universitet

Publikation: Bidrag til bog/antologi/rapport › Konferenceabstrakt i proceedings › Forskning › peer review

Abstract

This paper investigates the locational determinants behind the globalization of R&D in the pharmaceutical and biotech industries. The study shows that host-country characteristics previously identified as important for location attractiveness in general play an important role in attracting R&D-related investments. Moreover, the investment motive (i.e., market seeking, strategic asset seeking, or efficiency seeking) moderates the link between R&D investment-location decisions and host-country characteristics. The findings support contingency approaches arguing for a “fit” between strategy and location. Our study contributes with a fine grained analysis of the interrelationship between firm and location level factors in the new geography of innovation.

Originalsprog	Engelsk
Titel	Proceedings of the 59th Annual Meeting of the Academy of International Business : The Contribution of MNEs to Building Sustainable Societies
Redaktører	Sarianna Lundan, Tunga Kiyak
Udgivelsessted	East Lansing, MI
Forlag	Academy of International Business
Publikationsdato	2017
Sider	64
Status	Udgivet - 2017
Begivenhed	AIB 2017 Annual Meeting: The Contribution of MNEs to Building Sustainable Societies - JW Marriott Marquis, Dubai, United Arab Emirates Varighed: 2 jul. 2017 → 5 jul. 2017 Konferencens nummer: 59 https://aib.msu.edu/events/2017/

Konference

Konference	AIB 2017 Annual Meeting
Nummer	59
Lokation	JW Marriott Marquis
Land/Område	United Arab Emirates
By	Dubai
Periode	02/07/2017 → 05/07/2017
Internetadresse	https://aib.msu.edu/events/2017/

Navn	Academy of International Business. Annual Meeting. Proceedings
ISSN	2078-4430

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Citationsformater

Jensen, P. D. Ø., Choquette, E., Haakonsson, S. J., & Nielsen, S. F. (2017). The New Geography of Research and Development: Determinants of Location Choices for Foreign Direct Investments in R&D. I S. Lundan, & T. Kiyak (red.), Proceedings of the 59th Annual Meeting of the Academy of International Business: The Contribution of MNEs to Building Sustainable Societies (s. 64). Academy of International Business. http://documents.aib.msu.edu/events/2017/AIB2017_Proceedings.pdf

Jensen, Peter D. Ørberg ; Choquette, Eliane ; Haakonsson, Stine Jessen et al. / The New Geography of Research and Development : Determinants of Location Choices for Foreign Direct Investments in R&D. Proceedings of the 59th Annual Meeting of the Academy of International Business: The Contribution of MNEs to Building Sustainable Societies. red. / Sarianna Lundan ; Tunga Kiyak. East Lansing, MI : Academy of International Business, 2017. s. 64 (Academy of International Business. Annual Meeting. Proceedings).

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title = "The New Geography of Research and Development: Determinants of Location Choices for Foreign Direct Investments in R&D",

abstract = "This paper investigates the locational determinants behind the globalization of R&D in the pharmaceutical and biotech industries. The study shows that host-country characteristics previously identified as important for location attractiveness in general play an important role in attracting R&D-related investments. Moreover, the investment motive (i.e., market seeking, strategic asset seeking, or efficiency seeking) moderates the link between R&D investment-location decisions and host-country characteristics. The findings support contingency approaches arguing for a “fit” between strategy and location. Our study contributes with a fine grained analysis of the interrelationship between firm and location level factors in the new geography of innovation.",

author = "Jensen, {Peter D. {\O}rberg} and Eliane Choquette and Haakonsson, {Stine Jessen} and Nielsen, {S{\o}ren Feodor}",

year = "2017",

language = "English",

series = "Academy of International Business. Annual Meeting. Proceedings",

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editor = "Sarianna Lundan and Kiyak, {Tunga }",

booktitle = "Proceedings of the 59th Annual Meeting of the Academy of International Business",

publisher = "Academy of International Business",

note = "59th Annual Meeting of the Academy of International Business : The Contribution of MNEs to Building Sustainable Societies ; Conference date: 02-07-2017 Through 05-07-2017",

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Jensen, PDØ, Choquette, E, Haakonsson, SJ & Nielsen, SF 2017, The New Geography of Research and Development: Determinants of Location Choices for Foreign Direct Investments in R&D. i S Lundan & T Kiyak (red), Proceedings of the 59th Annual Meeting of the Academy of International Business: The Contribution of MNEs to Building Sustainable Societies. Academy of International Business, East Lansing, MI, Academy of International Business. Annual Meeting. Proceedings, s. 64, AIB 2017 Annual Meeting, Dubai, United Arab Emirates, 02/07/2017. <http://documents.aib.msu.edu/events/2017/AIB2017_Proceedings.pdf>

The New Geography of Research and Development: Determinants of Location Choices for Foreign Direct Investments in R&D. / Jensen, Peter D. Ørberg ; Choquette, Eliane; Haakonsson, Stine Jessen et al.
Proceedings of the 59th Annual Meeting of the Academy of International Business: The Contribution of MNEs to Building Sustainable Societies. red. / Sarianna Lundan; Tunga Kiyak. East Lansing, MI: Academy of International Business, 2017. s. 64 (Academy of International Business. Annual Meeting. Proceedings).

Publikation: Bidrag til bog/antologi/rapport › Konferenceabstrakt i proceedings › Forskning › peer review

TY - ABST

T1 - The New Geography of Research and Development

T2 - 59th Annual Meeting of the Academy of International Business

AU - Jensen, Peter D. Ørberg

AU - Choquette, Eliane

AU - Haakonsson, Stine Jessen

AU - Nielsen, Søren Feodor

N1 - Conference code: 59

PY - 2017

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N2 - This paper investigates the locational determinants behind the globalization of R&D in the pharmaceutical and biotech industries. The study shows that host-country characteristics previously identified as important for location attractiveness in general play an important role in attracting R&D-related investments. Moreover, the investment motive (i.e., market seeking, strategic asset seeking, or efficiency seeking) moderates the link between R&D investment-location decisions and host-country characteristics. The findings support contingency approaches arguing for a “fit” between strategy and location. Our study contributes with a fine grained analysis of the interrelationship between firm and location level factors in the new geography of innovation.

AB - This paper investigates the locational determinants behind the globalization of R&D in the pharmaceutical and biotech industries. The study shows that host-country characteristics previously identified as important for location attractiveness in general play an important role in attracting R&D-related investments. Moreover, the investment motive (i.e., market seeking, strategic asset seeking, or efficiency seeking) moderates the link between R&D investment-location decisions and host-country characteristics. The findings support contingency approaches arguing for a “fit” between strategy and location. Our study contributes with a fine grained analysis of the interrelationship between firm and location level factors in the new geography of innovation.

M3 - Conference abstract in proceedings

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BT - Proceedings of the 59th Annual Meeting of the Academy of International Business

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Jensen PDØ, Choquette E, Haakonsson SJ , Nielsen SF. The New Geography of Research and Development: Determinants of Location Choices for Foreign Direct Investments in R&D. I Lundan S, Kiyak T, red., Proceedings of the 59th Annual Meeting of the Academy of International Business: The Contribution of MNEs to Building Sustainable Societies. East Lansing, MI: Academy of International Business. 2017. s. 64. (Academy of International Business. Annual Meeting. Proceedings).