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Persistent link: https://www.econbiz.de/10005304462
Despite globalisation, the essential role of FDI in economic development has not changed. However, many mechanisms and dynamics of FDI-assisted development have changed: there is greater variation in the kinds of FDI, the benefits each offers, and the manner in which each interacts with the host...
Persistent link: https://www.econbiz.de/10005304494
The paper develops a more precise specification and understanding of the process of national-levelknowledge accumulation and absorptive capabilities by applying the reasoning and evidence from the firm-levelanalysis pioneered by Cohen and Levinthal (1989, 1990). In doing so, we acknowledge that...
Persistent link: https://www.econbiz.de/10005304505
Globalisation has systemically affected the way all firms undertake innovation. First, there has been a growing use of non-internal technology development, both by outsourcing and strategic alliances. Second, products are increasingly multi-technology. This has led to the growing use of networks...
Persistent link: https://www.econbiz.de/10005304507
It is axiomatic that the potential of FDI to act as a catalyst for economic development varies by its motivation, and the competence level and scope of foreign-owned affiliates. This chapter seeks to examine the effect of regional integration (RI) on MNE strategies while acknowledging other...
Persistent link: https://www.econbiz.de/10005304514
Globalisation has systemically affected the way firms undertake innovation. First, there has been a growing use of non-internal technology development, both by outsourcing and strategic alliances. Second, there has been a increasing of cross-fertilization of technologies, such that products are...
Persistent link: https://www.econbiz.de/10005304532
This paper seeks to examine the paradox that despite the growing role of FDI in most economies and growth in their share of employment, exports and innovation (‘direct spillovers’), evidence of technological spillovers to domestic firms in the host economy (‘indirect spillovers’) is...
Persistent link: https://www.econbiz.de/10005304563
Taking a multi-disciplinary approach, this paper highlights the importance of takinginto account the role of non-domestic elements in an innovation system, which is traditionallystudied by using the nation-state as the unit of analysis. Learning and knowledge accumulationis often assisted by...
Persistent link: https://www.econbiz.de/10005304596
This paper seeks to broaden our understanding of the concept underlying absorptive capacity at the macro–level, paying particular attention to the growth and development perspectives. We provide definitions of absorptive and technological capacity, external technology flows, productivity...
Persistent link: https://www.econbiz.de/10005304599
This paper focuses on SMEs for whom ICTs are a central, core technology. I argue that globalisation has profoundly affected the way in which SMEs organise their R&D activities. On the one hand, SMEs have always sought to specialise in niches, given their limited resources. As such, their role as...
Persistent link: https://www.econbiz.de/10005304620