Based on the case of the University of Texas at Austin, the authors provide a model of knowledge-based regional development that enables leadership and international competitiveness. In the framework of this model, University of Texas is regarded as a core of a regional innovation system. In...

Globalization has resulted in firms increasingly establishing operations in other countries, often as a way to reduce costs. Localizing management, by replacing expatriates with locals further reduces operating costs, can be important to successful strategy implementation. This study examined...