Growth and innovation Strategies In Global Competition

Utz Weitzel

No 05-29, Working Papers from Utrecht School of Economics

Abstract: This paper develops a model of firm dynamics in global competition and experimentally analyzes multinational growth strategies and optimal coordination of innovative activities. It shows that growth and innovation strategies of operatively engaged headquarters (business or corporate) with a geocentric focus dominate alternative concepts, like ethnocentric, financial or flexible headquarters. The analysis identifies two crucial strategic advantages for successful multinational companies: economies of stability and global learning.

Keywords: Multinational Enterprise (MNE); Research and Development (R&D); Multinational Organization; Firm Dynamics; Innovation (search for similar items in EconPapers)
Date: 2005
New Economics Papers: this item is included in nep-ino
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