This study investigates how corporate R&D evolves in the light of the contemporary economic crisis. We study empirical evidence from past downturns, discuss the relevant literature and perform an empirical analysis of recent business survey data (collected during 2009). Pivotal for our...

Using data from the Istat Business R&D (RS1) Survey we explore inward and outward R&D activities of different categories of firms resident in Italy in 2001-2010. From this perspective we provide detailed evidence of the role played by this country in the global creation and transmission of...

The paper aims to provide methodological suggestions on the measurement of regional corporate R&D, by using a new approach to disentangle corporate R&D by region of ownership and of execution. We make distinction in the concepts: what we call “region of ownership” is where the R&D performer...

The main goal of this article is to assess the impact of product innovation on the economic performance of firms operating in Medium and High-Tech (M&HT) industries. Using information from a large and unique dataset on Italian firms we estimate, by means of Propensity Score (PS) matching...

The empirical literature on China’s outward foreign direct investment (OFDI) mainly relies on aggregate data from official statistics, whose international reliability is currently a matter of concern, and that do not take account of some relevant features such as the industry breakdowns,...

In the past century we have witnessed worldwide a growing flow of Foreign Direct Investment (FDI), which have attracted the attention of economists, international business and development scholars. In this scenario, two trends have recently gained momentum: the increasing relevance of...