and firms across different countries. Motivated by the large share of the world's technology investments made by firms … for technological externalities, or spillovers. In addition to a review of recent empirical research on technology … multinational enterprises. The analysis highlights challenges for future empirical research, as well as the need for additional data …

Many warn that the next stage of globalization--the offshoring of research and development to China and India …--prosperity at home, and why trying to maintain the U.S. lead by subsidizing more research or training more scientists will do more … harm than good. When breakthrough ideas have no borders, a nation's capacity to exploit cutting-edge research regardless of …

and Further Research -- 7 Epilogue: Implications for National Policies -- References -- Index of Figures -- Index of …