Decentralization of R&D and Know-How Flows through MNEs: Some Stylized Facts and Insights from Theory

Reinhilde Veugelers and Francesca Sanna-Randaccio

Chapter 12 in Creating Value through International Strategy, 2004, pp 145-164 from Palgrave Macmillan

Abstract: Abstract In the traditional literature on multinational enterprises (MNEs), multinational expansion originates from the R&D activities of the firm. But rather than seeing the geographic dispersion of MNEs as a result of knowledge creation, the emphasis in the literature has shifted towards seeing the geographic dispersion of MNEs as a source for knowledge creation (see, among others, the special issue of Research Policy, 1999). In the current international environment, innovation strategies require increasingly more global sourcing, thus a need for sensing new market and technology trends worldwide. All this implies a different role for subsidiaries in the innovative strategy of the MNE: subsidiaries become important vehicles to access (local) external sources.

Keywords: Host Country; Foreign Firm; Knowledge Spillover; External Knowledge; Patent Citation (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-00556-3_12

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230005563

DOI: 10.1057/9780230005563_12

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().