Popularity for funding in innovation is excessive at the coverage time table in lots of international locations as innovation is a key issue of development and competitiveness. nearly all governments are willing to draw foreign funding by means of multinational companies (MNEs) as a method to advertise development and employment, create new jobs and convey in new applied sciences. whereas all nations and areas have a few coverage measures in position which are aimed toward expanding their popularity for innovation, it really is much less transparent if those guidelines are powerful. This ebook analyses the present traits in foreign funding in innovation and the recognition guidelines already applied. It additionally explores in additional element the function of funding incentives that governments are inclined to provide to overseas traders: their purpose, their impression and their usefulness. The proof awarded during this document increases transparent coverage concerns and questions latest regulations. a few coverage rules are formulated to steer coverage makers.
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Additional info for Attractiveness for Innovation: Location Factors for International Investment
Overall high technology-intensive industries and activities (like R&D) seem attracted by skilled labour and less by lower labour costs; the reverse is true for lower tech industries and activities (like production, assembly). 6. This location factor (language, measured as a dummy variable with 1 indicating that home and host country share a common official language) positively affects the location decision of all activities considered. 7. Human capital was not found to be important for R&D activities; the authors explain this (surprising) result by the rather broad categories of human capital considered in the analysis.
And D. Puga (2005), “From Sectoral to Functional Urban Specialisation”, Journal of Urban Economics, 57(2), pp. 343-370. ATTRACTIVENESS FOR INNOVATION – LOCATION FACTORS FOR INTERNATIONAL INVESTMENT – © OECD 2011 2. J. (2009), “The Location of Activities of Manufacturing Multinationals in the Asia-Pacific”, Journal of International Business Studies, Vol. 40, pp. 818-839. Erken, H. and M. Kleijn (2010), “Location Factors of International R&D Activities: an Econometric Approach”, Economics of Innovation and New Technology, Vol.
J. Ries and D. Swenson (1999), “Attracting Foreign Manufacturing: Investment Promotion and Agglomeration”, Regional Science and Urban Economics, No 29, pp. 197-218. ATTRACTIVENESS FOR INNOVATION – LOCATION FACTORS FOR INTERNATIONAL INVESTMENT – © OECD 2011 55 56 – 2. LOCATION FACTORS FOR INTERNATIONAL INVESTMENT IN INNOVATION Head, K. and T. Mayer (2004), “Market Potential and the Location of Japanese Firms in the European Union”, Review of Economics and Statistics, 86(4), pp. 959-972. Helpman, E.
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