The internationalisation of r&d: sectoral and geographic patterns of cross-border investments

This paper presents the sectoral and geographic distribution of R&D-related activities, in comparison with manufacturing activities, by analysing data (from the fDi Markets database) on the number of cross-border greenfield investment projects. Investments are concentrated in fewer sectors and countries than manufacturing, and are less sensitive to the obstacles related with the distance between home and host countries. More than two-thirds of...