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The Persistence of Home Bias for Important R&D in Wireless Telecom and Automobiles
Article first published online: 11 MAR 2009
DOI: 10.1111/j.1541-1338.2008.00369.x
© 2009 by The Policy Studies Organization
Additional Information
How to Cite
Cohen, S. S., Di Minin, A., Motoyama, Y. and Palmberg, C. (2009), The Persistence of Home Bias for Important R&D in Wireless Telecom and Automobiles. Review of Policy Research, 26: 55–76. doi: 10.1111/j.1541-1338.2008.00369.x
Publication History
- Issue published online: 11 MAR 2009
- Article first published online: 11 MAR 2009
- Abstract
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Keywords:
- globalization;
- offshoring;
- wireless;
- patents;
- automobiles
Abstract
We argue that in this age of globalization, important R&D—in automobiles and wireless telecommunication—exhibits a decisive home bias. This contrasts with findings on the rate and extent of globalization of the aggregate of activities classified as R&D. Sorting out R&D was deemed important at the outset by the firm, and comparing that to “regular” R&D by the same firms enables the argument. We take our findings on location a step further by examining, for this category of R&D, the reasons for nonglobalization.