Theoritical and Empirical Literature Review

Vivienne Wang () and Elias G. Carayannis ()
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Vivienne Wang: UNDP/UNFPA
Elias G. Carayannis: George Washington University

Chapter Chapter 2 in Promoting Balanced Competitiveness Strategies of Firms in Developing Countries, 2012, pp 17-46 from Springer

Abstract: Abstract The role of conventional innovation in achieving competitive advantage has been examined from the views of comparative and competitive advantage model, resource-based perspective, product life cycle, and internalization theories, such as transaction cost in developed countries (Chudnovsky et al. 2006). However, the ­relevance of incremental and adaptive innovation in escalating competitive position of a firm in a developing country has not been adequately studied (Chudnovsky et al. 2006). To develop the research framework, this study draws mainly from two interrelated fields: innovation model and comparative and competitive advantage model. It also derives relevant aspects from technological cycle, resource-based perspective, path-dependency theory, and sectoral innovation system.

Keywords: Foreign Direct Investment; Comparative Advantage; Foreign Firm; Innovative Activity; Domestic Firm (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:innchp:978-1-4614-1275-5_2

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DOI: 10.1007/978-1-4614-1275-5_2

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