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Cristina Chaminade. Photo.

Cristina Chaminade

Professor

Cristina Chaminade. Photo.

Cross-Border Knowledge Flows through R&D FDI: Implications for Low- and Middle-Income Countries

Author

  • Vito Amendolagine
  • Cristina Chaminade
  • José Guimón
  • Roberta Rabellotti

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

Document type

Book chapter

Publisher

Cambridge University Press

Topic

  • Economics and Business

Status

Published