Multinationalization and the scope of innovation
Autor: | Antonio Minniti, Alireza Naghavi, Sasan Bakhtiari |
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Přispěvatelé: | Bakhtiari, Sasan, Minniti, Antonio, Naghavi, Alireza |
Jazyk: | angličtina |
Rok vydání: | 2019 |
Předmět: |
Economics and Econometrics
Generality Multinationalization Product scope Patent generality Fundamental innovation Scope (project management) 05 social sciences Patent citation Basic research 0502 economics and business Portfolio Business Product (category theory) 050207 economics 050203 business & management Industrial organization |
Popis: | This research sheds light on how multinationalization affects basic research by firms and how their product scope influences this relationship. Using a matched firm-patent data set, we apply the generality measure of patent citation to investigate the effect of multinationalization on the extent to which patents registered by firms are applicable to diverse technology fields. We find that multinationalization is generally associated with less fundamental patents. However, engaging in more international activities while operating a more diversified portfolio of products is conducive to patents that open the way for follow-up research and inventions. These findings are robust to various specifications and sampling tests. |
Databáze: | OpenAIRE |
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