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

Nasirov, Shukhrat, Gokh, Irina and Filippaios, Fragkiskos ORCID: (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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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
Additional Information: Funding Information: The authors would like to express their gratitude to Peter Buckley, Gary Chapman, Dana Minbaeva, Ram Mudambi, Rajnesh Narula, Alain Verbeke, and the participants of the iBegin Conference in Copenhagen for their comments on an earlier draft of this paper. All errors remain the authors' responsibility. Publisher Copyright: © 2022
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: 25 Oct 2023 02:08
DOI: 10.1016/j.jbusres.2022.02.079

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