Trends in Research and Development Investment of Transnational Corporations Broken Down by Sector
Keywords:
multinationals, TNCs, R&D, industries, sectors, research and development activities
Abstract
The article aims to identify trends in R&D activities of transnational corporations in 25 sectors. The analysis covered the top 1000 TNCs in terms of R&D investment in 2003–2015. The investigation confirmed the existence of varying trends between sectors, despite the overall marked increase in R&D investment. The study also determined the characteristics of geographical locations of the top five sectors, strongly dominated by US TNCs. In addition, four groups of sectors were identified depending on the R&D trends observed in the period under analysis.
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European Commission (2007a). R&D ranking of the top 1000 EU companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard07.html.
European Commission (2007b). R&D ranking of the top 1000 non-EU companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard07.html.
European Commission (2008a). The 2008 EU industrial R&D investment scoreboard. R&D ranking of the Top 1000 EU companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard08.html.
European Commission (2008b). The 2008 EU industrial R&D investment scoreboard. R&D ranking of the Top 1000 non-EU companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard08.html.
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European Commission (2009b). R&D ranking of the top 1000 non-EU companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard09.html.
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European Commission (2010b). R&D ranking of the top 1000 non-EU companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard10.html.
European Commission (2011a). R&D ranking of the top 1000 EU companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard11.html.
European Commission (2011b). R&D ranking of the top 1000 non-EU companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard11.html.
European Commission (2012b). R&D ranking of the top 1500 World companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard12.html.
European Commission (2013). R&D ranking of the world top 2000 companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard13.html.
European Commission (2014a). EU R&D Scoreboard. The 2014 EU Industrial R&D Investment Scoreboard. Brussels: European Union.
European Commission (2014b). R&D ranking of the world top 2500 companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard14.html.
European Commission (2015). R&D ranking of the world top 2500 companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard14.html.
European Commission (2016). R&D ranking of the world top 2500 companies. Retrieved 20 September 2017 from http://iri.jrc.ec.europa.eu/scoreboard15.html.
European Commission (2012a). Internationalisation of business investments in R&D and analysis of their economic impact. Luxembourg: European Union.
Hiratuka, C. (2011). Transnational Corporations and Internationalization of the Research and Development Activities in Developing Countries: The Relative Importance of Affiliates in Asia and Latin America. In A. Deshpande (ed.). Capital without Borders: Challenges to Development (pp. 147–164). India: Anthem Press.
Jaruzelski, B., Staack, V., & Goehle, B. (2014). Proven Path to Innovation Success. Global Innovation 1000, 77/Winter.
Karlsson, M. (ed.) (2006). The Internationalization of Corporate R&D Leveraging the Changing Geography of Innovation. Stockholm: Elanders.
Lu, L. Y. Y., & Chen T. M. (2012). Technology Strategy of R&D Internationalization: An Empirical Study from a Developing Country. In F. Betz (ed.), Creating and Managing a Technology Economy (pp. 81–108). Singapore: World Scientific Publishing.
Odrobina, A. (2016). Kierunki i tendencje procesu koncentracji działalności badawczo-rozwojowej korporacji transnarodowych. International Business and Global Economy, 35/2, 379–391.
OECD (2008). The Internationalisation of Business R&D. Evidence, Impacts and Implications. Paris: OECD.
Poznańska, K., & Kraj, M. K. (2015). Badania i rozwój w korporacjach transnarodowych. Organizacja. Umiędzynarodowienie. Warszawa: PWN.
UNCTAD. (2005). Globalization of R&D and developing countries. New York and Geneva: United Nations.
UNCTAD (2011). Foreign direct investment, the transfer and diffusion of technology, and sustainable development. Geneva: UNCTAD.
Uppenberg, K. (2009). R&D in Europe. Expenditures across Sectors, Regions and Firm Sizes. Brussels: Centre For European Policy Studies.
Zimmermann, V. (2015). An international comparison of R&D: Germany benefits from industrial research strength. KFW Research, 105, 25 August, 1–5.
Published
2018-04-25
Issue
Section
International Business
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