The Internationalization of R&D

Abstract

The aim of this paper is to broaden the knowledge concerning the development of Finnish firms’ innovation activities. The results show that during 2008–2017 the share of overseas R&D has risen. Currently, 14–25% of Finnish firms’ total R&D are conducted overseas. If Nokia is taken into account, the share of overseas R&D rises to 53–65%. Furthermore, the results suggest that Finnish firms invest approximately Eur 1.8 billion in innovation activities outside the traditional R&D definition.

Publication info

Series
ETLA Raportit - Reports 88
Date
15.02.2019
Keywords
Research, Development, R&D, Company, BERD, Internationalization, Globalisation
ISSN
2323-2447, 2323-2455 (Pdf)
JEL
O31, O32
Pages
15
Language
Finnish