New technology development by Swedish MNEs in emerging markets: the role of co-location of R&D and production

Firm-level data from Swedish manufacturing MNEs show that their local R&D units in emerging countries now mainly develop new technology in co-location with manufacturing plants. This complements findings that co-located units have previously mainly locally adapted parent companies’ existing technology. This implies that co-located R&D units of Western MNEs in emerging countries now play a more important strategic role than was previously...