Localization and overseas R&D activity: the case of Taiwanese multinational enterprises in China

This study investigates the determinants of overseas research and development ( R&D ) and the influences of various aspects of localization on affiliates' R&D intensity. Using a dataset of T aiwanese multinational enterprises ( MNE s) in C hina, the empirical estimations find that MNE s with a larger firm size, more R&D expenditure, and a higher outward foreign direct investments intensity tend to undertake R&D . Host regions'...