The internationalization of R&D

Bronwyn Hall


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