Multinationals and National Systems of Innovation: Strategy and Policy Issues
Robert Pearce and
Marina Papanastassiou
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Robert Pearce: University of Reading
Marina Papanastassiou: Copenhagen Business School
Chapter 8 in The Strategic Development of Multinationals, 2009, pp 138-162 from Palgrave Macmillan
Abstract:
Abstract One of the most significant journeys in our understanding of international business has been that from an essentially centralized view of innovation in MNEs towards one that encompasses an increasing range of decentralized inputs and strategic postures. This change in perspective can then be seen as decisively embodied within comparable changes in the way in which the effects of international business on individual host countries has been analyzed. Here we can see a refocusing from an FDI-based interpretation of flows of separate firm attributes (increasingly technology and other intangible assets rather than finance capital per se) towards a more MNE-strategy oriented evaluation of how firms position their operations in a specific location within wider globalized programs (Pearce, 2001, 2006). The aim of this chapter is, then, to generate a methodology for the assessment of the ways in which MNEs’ globalized strategies for innovation involve themselves with the attempts of national economies to generate and operationalize innovation competences as a source of growth and international competitiveness.
Keywords: Applied Research; Product Development; Innovation Process; National System; Product Concept (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25048-2_8
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DOI: 10.1057/9780230250482_8
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