Global Value Chains: Impacts and Implications - Center on ...
Global Value Chains: Impacts and Implications - Center on ...
Global Value Chains: Impacts and Implications - Center on ...
SHOW LESS
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Percent<br />
50<br />
40<br />
30<br />
20<br />
10<br />
0<br />
R&D is globalizing extremely quickly…<br />
Share of R&D Budget Spent Outside<br />
of the Home Country*<br />
95 98 ‘01 ‘04 95 98 ‘01 ‘04 95 98 ‘01 ‘04<br />
Western Europe Japan North America<br />
* 209 MNEs, estimate for 2004<br />
Source: Reger (2002) as report in Hall (2011)<br />
29
Change language