We investigate the impacts of political instability and pro-business market reforms on national systems of innovation (NSI) across a range of developing and developed countries. Evidence suggests that national systems of innovation are most likely to flourish in developed, politically stable...

Preface -- Introduction -- Context A Headquarters-driven venturing : a strategic direction for internal capabilities -- Context B Subsidiary-driven venturing : unleashing peripheral capabilities -- Context C Headquarters-driven venturing : accessing strategic external capabilities -- Context D...