It has become clear that over the past few decades enterprises not only produce and sell abroad but increasingly also develop goods and services outside their home countries; a development now known as the internationalisation of business R&D. This book presents a comprehensive picture of the current state of internationalization of R&D in the business sector.The contributors explore key patterns of the internationalization of R&D across various countries and sectors using case studies to underpin empirical evidence. They examine the drivers of the process, revealing the impacts of R&D internationalisation on both home and host countries using both qualitative and quantitative analysis. Topics discussed include: - Why firms locate R&D activities abroad - Data availability, quality and comparability - The role of the EU and the US in the internationalization of R&D - Country-level factors such as size, workforce and FDI as determinants of R&D internationalization - Impacts of R&D internationalization on home and host countries. This book will prove an insightful read for academics, researchers and students with an interest in economics - particularly the economics of innovation business and management, and science and technology. It will also prove a valuable resource for R&D policymakers and public administrators. Contributors include: B. Dachs, D. Hanzl-Weiss, F. Kampik, S. Leitner, T. Scherngell, R. Stehrer, R. Tiwari, W. Urban, G. Zahradnik