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Attractiveness for Innovation: Location Factors for International Investment - Product Image

Attractiveness for Innovation: Location Factors for International Investment

  • Published: April 2011
  • Region: Global
  • 100 Pages
  • OECD Publishing

Virtually all governments are keen to attract international investments by multinational enterprises (MNEs) as these promote growth and employment by creating new jobs, realising new investments and bringing in new technologies. Policy makers are interested in the direct and indirect value that new investments by MNEs can bring to their country. By encouraging multinationals to establish local affiliates, host countries hope to generate technology transfer to local firms since foreign direct investment (FDI) is one of the most important channels through which technology is transferred across countries.

Attractiveness for investment in innovation is high on the policy agenda in many countries as innovation has become a key factor of growth and competitiveness in OECD countries. Further on, MNEs are central actors in the global innovation process and consequently, ‘national’ innovation activities in host countries are to a large extent affected by international location decisions taken by MNEs. Consequently, there is a growing interest among OECD member countries to formulate policies aimed at fostering territorial attractiveness for particularly high-tech, R&D READ MORE >

- Foreword
- Executive summary
- International investment in innovation
- Location factors for international investment in innovation
- Attractiveness policies for investment in innovation
- Policy principles for attracting international investment

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