Technological radicalness, R&D internationalization, and the moderating effect of intellectual property protection

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Nasirov, Shukhrat, Gokh, Irina and Filippaios, Fragkiskos (2022) Technological radicalness, R&D internationalization, and the moderating effect of intellectual property protection. Journal of Business Research, 145. pp. 215-227. ISSN 0148-2963

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Abstract

Drawing on insights from the resource-based view of the firm, this paper examines the link between the radicalness of the firm's technologies and the extent of its exploitation and exploration R&D activities abroad, with an additional focus on the level of the host country's intellectual property (IP) protection as a force moderating this link. It uses information about greenfield foreign direct investment by 185 U.S. publicly-traded manufacturing firms in the period 2003–2013 to demonstrate that technological radicalness is positively associated with the number of exploration and exploitation R&D projects. While the level of IP protection is shown to have a moderating effect, this is nuanced: firms with more radical technologies pursue more exploration R&D projects in countries with stronger IP protection; in turn, the number of exploitation R&D projects is driven by those undertaken in countries with weaker IP protection. The findings have both managerial and policy implications.

Item Type: Article
Uncontrolled Keywords: exploration vs. exploitation,intellectual property protection,manufacturing companies,r&d internationalization,technological radicalness,marketing,sdg 10 - reduced inequalities ,/dk/atira/pure/subjectarea/asjc/1400/1406
Faculty \ School: Faculty of Social Sciences > Norwich Business School
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Depositing User: LivePure Connector
Date Deposited: 17 Mar 2022 15:30
Last Modified: 13 Jul 2024 16:31
URI: https://ueaeprints.uea.ac.uk/id/eprint/84096
DOI: 10.1016/j.jbusres.2022.02.079

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