For SMEs, interaction with the local subsidiaries of multinational corporations (MNCs)provides tremendous opportunities for collaborative innovation which may formthe basis for internationalisation, providing resources not normally available, andbestowing credibility and legitimacy which would...

This briefing examines the international success of British companies in the contextof the industries that they operate in. It does this by measuring international successusing global market share and international revenues and combining these in a matrixto create a visual representation of...

In a global economy, regional economies are exposed to greater economic threats,but also opportunities. In the UK several strategies have been introduced to improvelocal and regional competitiveness. One important strategy is the promotion ofclusters – geographic concentrations of expertise...

This chapter draws on three branches of management studies – corporate strategy, technology strategy, and institutional strategy – in order to develop a framework aimed at analyzing and predicting the nature and structure of GVCs. First, corporate strategy informs how firms shape GVC...