Template-type: ReDIF-Paper 1.0  
Author-Name: Antonio García Sánchez
Author-Email: acichez@us.es
Author-Workplace-Name: Universidad de Sevilla.
Author-Name: José Molero Zayas
Author-Email: jomolero@ucm.es
Author-Workplace-Name: Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales (ICEI).
Author-Name: Ruth Rama
Author-Workplace-Name: Miembro superior de investigaciones científicas, CCHS-CSIC.
Title: Foreign MNEs and domestic innovative capabilities: are there conditions for reverse spillovers in the spanish industry?
Abstract: We analyse, over 2004-2008, a sample of approximately 700 foreign subsidiaries and 4,500 domestic firms located in Spain in 
	order to understand the relationship between local R&D cooperation and innovativeness of the firm. Our ultimate objective is 
	to understand whether foreign subsidiaries are likely to make a contribution to local innovative capabilities or if, 
	conversely, they may eventually benefit from conditions for reverse spillovers. Using a variety of specifications for the 
	innovation-related activities of the firm, we find that foreign subsidiaries are more cooperative than the average firm 
	located in Spain, but not necessarily more than affiliated domestic firms (entrepreneurial groups). However, foreign 
	subsidiaries are more cooperative than affiliated domestic firms in sectors considered highly dynamic by international 
	technological standards, whether Spain has a technical advantage in these specific sectors or not. When we focus on 
	companies which are more innovative than the two-digit industries in which they operate, we find that foreign subsidiaries 
	tend to be more cooperative than domestic firms in sectors where Spain displays technological advantage. These sectors 
	comprise traditional industries displaying little innovation dynamism from an international point of view. This finding 
	suggests that there may be conditions for reverse spillovers in these specific Spanish sectors (though measuring them is 
	beyond the objectives of this paper).
Keywords: Multinationals, Innovation, Spanish industry.
Creation-Date: 2014
Length: 27 pages
Number: 1403 
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/wpaper03-14.txt
File-URL: https://eprints.ucm.es/id/eprint/38033/1/WP03-14.pdf
File-Format: Application/pdf
File-Function: Full text
Handle: RePEc:ucm:wpaper:1403