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Determinants of International R&D Outsourcing: The Role of Trade

dc.contributor.authorGarcía Vega, María
dc.contributor.authorHuergo Orejas, Elena
dc.date.accessioned2023-06-20T04:17:07Z
dc.date.available2023-06-20T04:17:07Z
dc.date.issued2011
dc.description.abstractThis paper investigates the determinants of international R&D outsourcing, in particular the role of trade. We construct a monopolistic competition model with heterogeneous firms where outsourcing increases a firm’s fixed transaction as well as its productivity. Financial constraints affect the decision to outsource R&D more to non-exporters than to exporters. In contrast, exporters are more sensitive to a lack of information because they have higher losses when there is technology leakage. We test these predictions using a panel database of Spanish companies. The results highlight the relevance of information in competitive markets, and the role of trade to induce companies to engage in other globalization strategies.
dc.description.facultyFac. de Ciencias Económicas y Empresariales
dc.description.refereedTRUE
dc.description.statuspub
dc.eprint.idhttps://eprints.ucm.es/id/eprint/39083
dc.identifier.doi10.1111/j.1467-9361.2010.00595.x
dc.identifier.issn1363-6669
dc.identifier.relatedurlhttp://eprints.ucm.es/9790/
dc.identifier.urihttps://hdl.handle.net/20.500.14352/45128
dc.issue.number1
dc.journal.titleReview of Development Economics
dc.language.isoeng
dc.page.final107
dc.page.initial93
dc.publisherWiley
dc.relation.projectIDSEJ2004-02525/ECON
dc.rights.accessRightsopen access
dc.subject.jelF2
dc.subject.jelL24
dc.subject.jelO3
dc.subject.keywordR&D outsourcing
dc.subject.keywordexporters
dc.subject.keywordfinancial constraints
dc.subject.keywordtechnology leakage
dc.subject.ucmEconomía internacional
dc.subject.ucmEmpresas
dc.subject.ucmEconomía industrial
dc.subject.unesco5310 Economía Internacional
dc.subject.unesco5311 Organización y Dirección de Empresas
dc.titleDeterminants of International R&D Outsourcing: The Role of Trade
dc.typejournal article
dc.volume.number15
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relation.isAuthorOfPublication.latestForDiscovery9d095c32-787c-4ac4-9172-92a6f99359fc

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