Get Attractiveness for Innovation: Location Factors for PDF

By OECD

ISBN-10: 9264098801

ISBN-13: 9789264098800

ISBN-10: 926410481X

ISBN-13: 9789264104815

Reputation for funding in innovation is excessive at the coverage schedule in lots of nations as innovation is a key issue of progress and competitiveness. nearly all governments are prepared to draw overseas funding by way of multinational agencies (MNEs) as a method to advertise progress and employment, create new jobs and convey in new applied sciences. whereas all international locations and areas have a few coverage measures in position which are aimed toward expanding their recognition for innovation, it truly is much less transparent if those regulations are powerful. This booklet analyses the present tendencies in foreign funding in innovation and the reputation guidelines already applied. It additionally explores in additional aspect the function of funding incentives that governments are inclined to supply to overseas traders: their cause, their impression and their usefulness. The facts offered during this record increases transparent coverage matters and questions present guidelines. a couple of coverage ideas are formulated to lead coverage makers.

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Additional resources for Attractiveness for Innovation: Location Factors for International Investment

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Location factors along the value chain HQ R&D Production Distribution Sales Customer service Call centres Market size + + + + + + 0 Unemployment 0 + + + + + 0 Labour costs 0 0 - - - 0 0 Skilled labour + 0 - 0 + + 0 Tax rate 0 0 - 0 + - - Distance + + - 0 + 0 0 Language + + + + + + + Agglomeration industry + + + 0 + + 0 Agglomeration function 0 + + 0 + + 0 + Positive effect. - Negative effect. 0 no effect. Note: Dependent variable: probability to locate plant in specific host country (logit estimation).

LOCATION FACTORS FOR INTERNATIONAL INVESTMENT IN INNOVATION Stable and business-friendly environment 2. 2). For instance, labour cost plays a less important role in chemicals (a very capital-intensive industry where labour productivity is typically very high) compared to the automotive industry (a relatively labour-intensive industry employing many people in manufacturing plants). On the other hand, the quality of labour seems to be a more important location factor in industries such as pharmaceuticals, equipment, machinery and chemicals than in the automotive industry.

2. Among others: the often restricted sample of respondents-firms, the unknown identity of actual respondents within the firm, the intrinsic quality of the answers. 3. The relevant market for international investment is typically the local market as well as nearby accessible markets. 4. The OECD classification of high, medium-high, medium-low and low tech industries applies only to manufacturing industries. e. knowledge-intensive services, includes the sectors ‘post and telecommunications’, ‘finance and insurance’ and ‘business activities’.

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Attractiveness for Innovation: Location Factors for International Investment by OECD


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