The award is biannual and given to the most innovative and high-quality paper published by Industry and Innovation in the previous two years. The award consists of 1000 EUR (sponsored by Taylor and Francis) plus free access to the DRUID June conference for one author (sponsored by DRUID).
The Winners are: José Guimón & Juan Carlos Salazar-Elena
Collaboration in Innovation Between Foreign Subsidiaries and Local Universities: Evidence from Spain (Volume 22, issue 6 (2015): 445-466)
Juan Carlos Salazar-Elena
Autonomous University of Madrid
Collaboration between foreign subsidiaries and universities is relevant for multinational companies (MNCs) that aim at absorbing knowledge from abroad, as well as for universities and policy-makers attempting to maximize the spillovers associated with foreign direct investment (FDI). In this paper, we explore how MNCs collaborate with universities in the foreign countries where they locate and provide new empirical evidence for Spain as a host country. Using a probit model with panel data comprising 9,614 firms for the period 2005–2011, we explore differences between the propensity to collaborate with universities of foreign subsidiaries and Spanish firms. Subsequently, building on a new survey to 89 foreign subsidiaries and on a more detailed analysis of five case studies, we discuss the variety of motivations that drive collaboration with universities and relate the scale and scope of such collaborations with the dynamic mandates of foreign subsidiaries in global innovation networks.