The impact of the US–China trade war on Taiwanese firms' R&D investment and outward investment to technologically advanced countries
Yu-Cheng Lai,
Santanu Sarkar
Abstract:Purpose The purpose of this paper is to understand the impending relationship between the impact of the US–China trade war on Taiwanese firms' spending on R&D and their offshore investment in technologically advanced countries (TAC), the authors examined if changes in these firms' R&D ratios and the growing presence of skilled workers in Taiwan's labour market during the trade war have affected their offshore investments in TAC.Design/methodology/approach Using a model built on pooled cross-sectional t… Show more
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