This chapter compares the technological catch up paths of the semiconductor industry in China, Korea, Malaysia and Taiwan. Using the sectoral innovation approach the chapter shows significant variations and extent of catch up enjoyed by these countries in the semiconductor industry such that it...

A key strategic choice for multinational firms is where to locate. When investing abroad, firms may find collocating with their own and competitors' prior investments beneficial. Such agglomeration may provide knowledge and infrastructure spillovers. Yet, as a firm invests sequentially, its past...

Recent research finds that firms investing abroad tend to agglomerate with other foreign entrants. Yet firms often invest multiple times within the same host country, which raises the question of whether firms agglomerate with their competitors' or their own prior investments. Collocation's...