Multinational enterprises (MNEs) are networked firms whose subsidiaries act as nodes embedded in a variety of local contexts. This allows them to tap into many local systems of innovation to access diverse knowledge bases and integrate them to create new competencies. Currently technology is...

Scientific research is a crucial success factor for knowledge intensive firms and is often a joint effort of scientists and managers. However, scientists and managers belong to different "professional guilds," subscribing to different belief systems and valuing different types of incentives....

Research on the geographic clustering of economic activity dates back to the early twentieth century. It is recognized that in spite of advances in transportation and communications, clustering remains most critical, and is consequently prevalent, in knowledge-intensive fields. Multinational...

The external environment is characterized by periods of relative stability interspersed with periods of extreme change, implying that high performing firms must practice exploration and exploitation in order to survive and thrive. In this paper, we posit that R&D expenditure volatility indicates...

Purpose: The purpose of this paper is to determine whether the strength of corporate governance influences the firm’s ability to retain their key knowledge workers or inventors. Design/methodology/approach: This paper links agency and innovation theory to develop the hypotheses. Agency theory...

Purpose: The purpose of this paper is to evaluate the impact that PhD scientists serving on the board of directors of firms conducting hard science have on the R&D-based innovative performance of the firm. Design/methodology/approach: The research hypotheses are built upon extant theory, and...