We examine the role of host countries’ academic research strengths in global R&D location decisions bymultinational firms. While we expect that a firm’s propensity to perform R&D in a host country increases with the strength of local academic research, firms are expected to be...

Although an expanding literature on university-industry linkages has suggested that proximity to academia can increase the innovative performance of firms, the role of academic research in the R&D location choices by multinational firms has received surprisingly little attention. In this paper...

Combining both interview data and empirical analyses at the patent and firm levels, we explore the value-appropriation and value-creation implications of R&D collaboration resulting in the co-ownership of intellectual property (i.e. co-patents). We make an explicit distinction between three...

Despite an increasing internationalization of R&D activities by multinational firms, a major portion of corporate R&D still tends to be concentrated in firms’ home countries. We examine to what extent there exists a home country bias in the location of R&D activities of 156 major R&D intensive...