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What effect does the aggregate industrial R&D offshoring have on you? A multilevel study
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The present study argues that R&D offshoring is not only a matter of firm's decision as in previous literature, but also has an important industrial externality component. For a sample of manufacturing and services industries in the period 2005–15, I study the externalities coming from R&D offshorers in a given industry and the heterogeneous effects of enterprises' internal knowledge base characteristics. The evidence points to offshoring externality (OE) presenting an inverted U-shape with respect to the firms' innovative processes. However, firms with higher levels of human capital and/or internal R&D investments obtain higher returns coming from the OE. Overall, it seems that a strategy (R&D offshoring) that is highly beneficial for enterprises individually, might be also optimal for the Spanish economy.
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TOJEIRO RIVERO, Damián. What effect does the aggregate industrial R&D offshoring have on you? A multilevel study. _Journal of International Management_. 2022. Vol. 28, núm. 2, pàgs. 100881. [consulta: 10 de gener de 2026]. ISSN: 1873-0620. [Disponible a: https://hdl.handle.net/2445/224310]