Local cooperation for innovation: food and beverage multinationals in a peripheral European country

We performed econometric analysis to identify some of the main features of food and beverage foreign subsidiaries engaged in local R&D cooperation. In Spain, their main contributions to local networks of innovators seem to be financial and commercial rather than technological. Foreign subsidiaries that display high R&D intensity, and have a large number of R&D employees or a large share of new products in turnover, are not necessarily engaged in...