Abstract
This paper develops and tests as set of hypotheses regarding factors that influence the longevity of foreign R&D units in Swedish MNEs 1992-2012. The results obtained points to a hitherto underexplored aspect of the internationalization of R&D – the quite considerable volatility of R&D activities undertaken abroad. Over the 20 year period, 42 per cent of the R&D units had been closed down. As hypothesized, the hazard for closure declines with age and is greater for R&D units added through mergers and acquisitions than for greenfield establishments, but was smaller for strongly locally embedded units and units with R&D directed towards global markets. Contrary to expectations, the hazard of closure was greater for units strongly integrated with the rest of the MNE.
Original language | English |
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Title of host publication | Proceedings of the 56th Annual Meeting of the Academy of International Business : Local Contexts in Global Business |
Editors | Klaus Meyer, Tunga Kiyak |
Place of Publication | East Lansing, MI |
Publisher | Academy of International Business |
Publication date | 2014 |
Pages | 274 |
Publication status | Published - 2014 |
Event | AIB 2014 Annual Meeting : Local Context in Global Business - Westin Bayshore, Vancouver, Canada Duration: 23 Jun 2014 → 26 Jun 2014 Conference number: 56 http://aib.msu.edu/events/2014/ |
Conference
Conference | AIB 2014 Annual Meeting |
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Number | 56 |
Location | Westin Bayshore |
Country/Territory | Canada |
City | Vancouver |
Period | 23/06/2014 → 26/06/2014 |
Internet address |
Series | Academy of International Business. Annual Meeting. Proceedings |
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Volume | 56 |
ISSN | 2078-4430 |