Innovative Activities of Multinational Enterprises in Austria

by Bernhard Dachs (Author)
©2009 Thesis 204 Pages


This book contributes to ongoing policy discussions on the internationalisation of innovation. Foreign-owned enterprises account for a rising share of national innovation expenditures and have become key actors in the national innovation systems of almost all OECD countries. Their new roles give rise to both hopes and concerns. The author examines the innovative activities of foreign-owned enterprises in Austria, a country with a huge share of overseas R&D investment. Empirical analysis reveals that foreign-owned enterprises exhibit a superior innovation performance compared to domestically owned enterprises. The performance differences, however, can be explained by factors such as firm size, sectoral affiliation, and export intensity, rather than by the ownership status. With respect to policy, the results neither confirm fears that foreign ownership could lead to an erosion of innovative activity in the host country, nor do they provide arguments for specific incentives to attract foreign-owned enterprises. Innovation policy should instead try to foster innovative capabilities of both foreign-owned and domestically owned enterprises.


ISBN (Softcover)
Innovation Ausländisches Eigentum Forschungs- und Technologiepolitik Wirtschaftspolitik
Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2009. 201 pp., 10 fig., 45 tables

Biographical notes

Bernhard Dachs (Author)

The Author: Bernhard Dachs is a researcher at the Department of Technology Policy at the Austrian Research Centers – ARC, Vienna. He holds a doctoral degree in economics from the University of Bremen. His areas of expertise include the internationalisation of R&D, innovation in services, and the analysis of national and international technology policy.


Title: Innovative Activities of Multinational Enterprises in Austria