The paper is done based on a survey on 170 Romanian firms. The results of the questionnaire show that R&D intensity depends on turnover and on geographical location. However, various sector-based R&D intensities are not conclusive (except the under-performing food and beverages industry, and the...

Over the last century and a half, global technological leadership has shifted from Great Britain to the United States. In this paper we argue that China is positioning itself to assume global leadership in technology within the coming few decades. We identify three sources of competitive...

The paper examines the role of global technology sourcing, and its drivers and impacts in China’s integrated circuit (IC) design industry . IC design is one of the priority targets of China’s innovation policy, as codified especially in the “Strategic Emerging Industries” initiative. At...

The last twenty five years witnessed an exponential development of science and technology that covers each and every area of human activity from Internet to 3D printing and from nanotechnology and graphene to the use of stem cell for producing viable replacements for the human body. The speed of...

This paper develops a simulation model of firm dynamics in global competition and analyzes multinational growth strategies and optimal coordination of innovative activities. It shows that growth and innovation strategies of operatively engaged headquarters (business or corporate) with a...

One of the persistent gaps between FDI spill overs and firm competitive advantage literature is a unified analysis of the role that various factors play in the local firms' ability to maintain or enhance performance in their competitive environment. This study examines foreign competition,...

Multinational companies (MNCs) from emerging markets (EMs) are new and very dynamic actors on the global scene. Starting from the late 1970s a strand of literature flourished on Third World multinationals (Lall, 1983a). More recently, the increasing expansion abroad by multinationals based in...

This paper investigates the differences in innovation behaviour, i.e. differences in innovation sources and innovation effects, among manufacturing firms in three NMS: the Czech Republic, Hungary and Poland. It is based on a survey of firms operating in four manufacturing industries: food and...

We investigate the impact of environmental regulation on firm performance and Investment behavior. Exploiting the case of a German water withdrawal regulation that is managed on the state level, we analyze firms' reactions to an increase in the water tax using a regression-adjusted...