Historia del Instituo Lorente, (1894-1997)

Introduction. This thesis is the result of study of the Llorente Institute since its origins, contemporaries of the Pasteur Institute in France and in Sclavo Institute in Italy, until its disappearance in 1997 as a pharmaceutical laboratory. Synthesis. The first objective was to demonstrate the development of research activity of Llorente Institute. It was also intended to clarify what were the real causes of its decline, which can be attributed not only to internal factors, but also to general policies that concerned a set of pharmaceutical companies. Dr. Vicente Llorente figure is not the essential part of this thesis, although it have made new contributions about on their way through politics as a member of the Restoration Parliament during the legislatures between 1899 and 1905. Research carried out in the General Archive of the State Administration and in the Mercantile Register are the main sources of this research, together with the testimony and unpublished documents provided by his last owners. Also, it has been important to the development of products that constituted the vademecum of Llorente Institute...

Determinants of internal and external R&D offshoring: Evidence from Spanish firms

This paper analyzes the determinants of R&D offshoring of Spanish firms using information from the Panel of Technological Innovation. We find that being an exporter, international technological cooperation, continuous R&D engagement, applying for patents, being a for-eign subsidiary, and firm size are factors that positively affect the decision to offshore R&D. In addition, we find that a lack of financing is an obstacle relatively more important for inde-pendent firms than for firms that belong to business groups. For these latter, we also obtain that the factors that influence the decision to offshore R&D differ depending on whether the firm purchases the R&D services within the group or through the market: a higher degree of importance assigned to internal sources of information for innovation as compared to mar-ket sources increases (decreases) the probability of R&D offshoring only through the group (market).