Arvanitis, Spyros; Hollenstein, Heinz - KOF Swiss Economic Institute, Department of Management, … - 2006
Using the OLI paradigm as theoretical framework, we explain econometrically why a firm invests in foreign R&D (model A), and, if it does, which factors determine the level of foreign R&D expenditures (model B). It turns out that the pattern of explanation is quite similar for both types of...