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Globalization of business activities is imperative for Japanese manufacturers, as an international market, particularly in emerging economies, grows much faster than domestic market. In this regards, the relative importance of their overseas subsidiaries to home base headquarter become greater....
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Using an internationally linked patent database, this paper compares the types of R&D activities undertaken by multinationals in China by home country and industry. In China, multinationals recently began investing in R&D, mainly in the areas of product and manufacturing process development....
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