Multinationals & intra-regional innovation concentration

In this seminar, Ms Pardy analyses to what extent the presence of Multinationals (MNEs) influences innovation concentration between patenting firms within US states. The presence of MNEs increases patenting concentration due to the presence of domestic-owned MNEs. States with a high and very high share of domestic MNEs experience a higher increase in patenting concentration. Moreover, the effect on patenting concentration for non-MNEs is more pronounced than for all patenting firms. This effect is mostly driven by an adverse effect on patenting of non-MNEs, which are firms that tend to be less innovative, with those in the middle of the patenting distribution producing fewer patents due to the presence of domestic-owned MNEs.

SPEAKER

Martina is a PhD student in Economic Geography at the LSE, working on the distributional impact of globalisation on regional labour markets, income, and innovation inequality. She is an Early Stage Researcher of the Marie Sklodowska-Curie Innovative Training Network on Policies for Smart Specialisation (POLISS). Martina holds an MSc in Economics from the Vienna University of Economics and Business (WU), where she conducted research on regional inequality, migration, and environmental hazards, has worked as a consultant in the field of sustainable development at the Asian Development Bank and completed a research project on gender inequality for the United Nations Development Programme.

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