UNU-MERIT Working Papers

This paper surveys what we know about the internationalization of
business R&D spending. I examine three specific questions about the
global changes in R&D activity: First, what is the evidence that R&D is
becoming more internationalized (more footloose)? Second, what are the
factors that influence the choice of location for R&D? The third
question asks how this is changing over time. The paper concludes with a
discussion of the implications of this research and the trends in
business R&D location for Canada.

JEL codes F23, O32

Keywords business R&D, FDI, globalization, Canada