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- W1718441859 abstract "This paper investigates the determinants of international R&D outsourcing, in particular the role of trade. We sketch a monopolistic competition model with heterogeneous firms where outsourcing increases a firm's fixed transaction costs as well as its productivity. Financial constraints affect the decision to outsource R&D more to nonexporters 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." @default.
- W1718441859 created "2016-06-24" @default.
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- W1718441859 date "2011-01-13" @default.
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- W1718441859 title "Determinants of International R&D Outsourcing: The Role of Trade" @default.
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- W1718441859 doi "https://doi.org/10.1111/j.1467-9361.2010.00595.x" @default.
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