Conclusions and Policy Issues

Ana Teresa Tavares and Aurora Teixeira

Chapter 18 in Multinationals, Clusters and Innovation, 2006, pp 308-324 from Palgrave Macmillan

Abstract: Abstract Multinationals, innovation and regional development are, and have been for a long time, topical and debatable issues. Despite the vast bodies of literature focusing on each of such aspects, and the fact that they are undoubtedly linked, there is a need to contribute to a more integrated understanding of how these issues relate and interact, as their very interaction underpins to a considerable extent the prosperity of countries and regions. This volume aims exactly at shedding light onto the complex and dynamic, yet specific, relationships that can be established between multinational firms, key actors in today’s global economy, industrial clusters (as agglomeration and proximity are deemed important to promote linkages and innovation), and the innovative activity itself. Underlying this project is also the need to develop and specify the policy implications arising from these phenomena, especially in terms of devising concrete scenarios and making practical proposals for positive policy intervention, so that the developmental impact of multinationals, clustering processes and innovative activities are maximized.

Keywords: Host Country; Foreign Firm; Innovative Activity; Local Firm; Foreign Subsidiary (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1057/9780230624948_18

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