| Title |
Greenfield foreign direct investments and regional environmental technologies |
| ID_Doc |
31052 |
| Authors |
Castellani, D; Marin, G; Montresor, S; Zanfei, A |
| Title |
Greenfield foreign direct investments and regional environmental technologies |
| Year |
2022 |
| Published |
Research Policy, 51, 1 |
| DOI |
10.1016/j.respol.2021.104405 |
| Abstract |
This paper builds on (eco-)innovation geography and international business studies to investigate the effects of greenfield foreign direct investments (FDIs) on regional specialisation in environmental technologies. Combining the OECD-REGPAT and the fDi Markets datasets with respect to 1,050 European NUTS3 regions over the 2003-2014 period, we find that FDIs can positively impact regions' specialisation in green technologies. This effect is statistically significant when FDIs occur in industries where environmental patents represent a relatively high share of total inventive activities (green-tech FDIs), and it is further reinforced if such foreign investments involve R&D activities. We also find that green-tech R&D FDIs have a larger effect in regions whose prior knowledge base is highly unrelated to environmental technologies. Furthermore, green-tech FDIs in R&D contribute to maintaining the specialisation of regions in environmental technologies over time, while it is only for high levels of unrelatedness that such FDIs help regions acquire a green-tech specialisation ex novo. |
| Author Keywords |
Green regional specialisation; FDIs; Environmental technologies |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:000714350400004 |
| WoS Category |
Management |
| Research Area |
Business & Economics |
| PDF |
https://centaur.reading.ac.uk/100856/1/RESPOL-D-20-01292_R2_Centaur.pdf
|