The paper addresses two recent interrelated phenomena: High- tech regional knowledge clusters, and globalization of R&D activities by multinational corporations (MNCs). Combining MNC literature; regional development literature; and literature on social networks, the paper discusses determinants of...

A curious ownership structure is found in Northern Europe – foundations that own <p> and operate business companies. The foundations are non-profit entities, they have no <p> members and no owners, and they cannot be dissolved, but regard it as a goal in itself <p> to run a business. In many cases...</p></p></p>