leverage R&D-driven firm performance benefits for the host economy. However, the subsidiary's parent firm may decide not to … policy-induced R&D drives subsidiary performance, and 3) the differential effects of R&D grants and R&D tax credits. Drawing … on a unique panel dataset for Ireland (2007-2016), we find that both R&D supports drive subsidiary R&D, resulting in …

We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity … between the country of origin and location for affiliates of multinational firms. We show that areas with higher trust and …