This article focuses on endogeneity between technological change and orientation toward foreign markets of the Global R&D leader (RDL) firms. Building on our econometric results, we develop an idiosyncratic Demand Pull and Technology Push operational mode of the RDL firms. In this framework, the...

The paper is built around a critique of the recent book by McNeely and Wolverton, entitled Reinventing Knowledge. The paper first contests the concepts of 'knowledge' and 'institutions', before arguing that the 'systems' within which knowledge is embedded are in reality growing more and more...