Foreign subsidiaries' internal and external R&D cooperation in South Korea: Explanatory factors and interaction

Axèle Giroud, Yoo Jung Ha, Mo Yamin

Research output: Contribution to journalArticlepeer-review

Abstract

This article analyses R&D cooperation strategies by foreign subsidiaries of MNEs located in South Korea. It differentiates between foreign subsidiaries with no R&D cooperation and those which favour internal or external R&D cooperation. Providing country-specific discussion in the context of South Korea, this enables comparison and contrast of the importance of innovation networks developed by MNE subsidiaries. Using various models, the results show that foreign subsidiaries in South Korea adopt complementary internal and external R&D cooperation strategies. Knowledge sourcing is found to be a key determinant of R&D cooperation, and government policies act as a strong incentive for inter-firm collaboration. © 2014 Macmillan Publishers Ltd.
Original languageEnglish
Pages (from-to)227-256
Number of pages29
JournalAsian Business and Management
Volume13
Issue number3
DOIs
Publication statusPublished - 2014

Keywords

  • foreign subsidiaries
  • innovation policy
  • knowledge sourcing
  • MNEs
  • R&D cooperation
  • South Korea

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