Cristina Chaminade
Professor
Cross-Border Knowledge Flows through R&D FDI: Implications for Low- and Middle-Income Countries
Author
Editor
- World Trade Organisation TaubmanWatal
- Antony Taubman
- Jayashree Watal
Summary, in English
R&D related foreign direct investments represent a powerful mechanism for cross-border knowledge sharing that can stimulate the process of technological catch-up. However, low-income countries and smaller middle-income countries remain largely excluded from this kind of global flows of knowledge. In this chapter, we discuss the motivations and implications of this type of FDI for low and middle income countries, building on a critical review of the existing literature and analyse the trajectory of R&D FDI during the period 2003-2017 by region and industry. The data is used as a point of departure to discuss potential policies specially tailored for low and middle income countries and their capacity to attract and anchor R&D related FDI for technological catch up. The paper finalizes outlining a future research agenda.
Department/s
- Department of Economic History
- CIRCLE
Publishing year
2022-02-01
Language
English
Pages
352-375
Publication/Series
Trade in Knowledge : Intellectual Property, Trade and Development in a Transformed Global Economy
Links
Document type
Book chapter
Publisher
Cambridge University Press
Topic
- Economics and Business
Status
Published