Read e-book online Multinational Corporations and European Regional Systems of PDF

By John Cantwell

In globalising economies, relatively these dealing with a strategy of fiscal integration comparable to these economies in the ecu, areas forge more and more linkages with different destinations inside of and throughout nationwide borders. this can be mostly conducted through the technological efforts of establishment agencies (MNCs). This ebook explores the local size of Europe by way of localised technological comparative benefits and the site of leading edge actions by means of MNCs. utilizing an empirical research John Cantwell and Simona Iammarino disguise such vital subject matters as:*MNC technological actions and financial wealth*MNCs and the neighborhood structures of innovation in Italy, united kingdom, Germany and France*the geographical hierarchy throughout ecu nationwide borders.

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Extra info for Multinational Corporations and European Regional Systems of Innovation (Studies in Global Competition, V. 18)

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Germany, Italy and France present a rather dualistic structure, being split into strongly innovative and technologically backward regions. This coincides with more scattered GDP levels and rates of growth. e. NUTS2), confirming once again the huge regional imbalances of the national system. MNC technological activity, regional cores and attractiveness The analysis of the regional distribution of MNC technological operations at both sectoral level and over time cannot cover the whole set of our geographical units due to obvious limitations in the volume of patent counts.

Of obs. 34 Note *USPTO patents per million of inhabitants with Germany and Italy displaying much lower correlation coefficients, and the Netherlands even showing a negative correspondence between the two distributions. 10 In general terms, the geographical dispersion of MNC research is only weakly associated with the levels of economic wealth. Although, the impact of national systems of innovation (NSIs) appears to emerge quite clearly from our technological proxy, as in each country firms and other institutions are likely to interact to a different extent in generating and diffusing new technical knowledge, in principle at least, knowledge should spill over more easily across regions within the same country than across national boundaries.

These interactions are more likely to further upgrade higher order regional locations, in which the Local-for-local strategy of MNC subsidiaries, and their capacity to incorporate backward and forward linkages in their external networks for innovation, aim at exploring local knowledge and expertise, which will be integrated to widen technological competence at the corporate level through the intra-firm network (Local-for-global). 10 On the other hand, intermediate locations, with a narrower scope of technological advantage, are seen as sources of specific capabilities in some particular field and thus they might be negatively affected owing to the Local-for-local strategy of foreign affiliates, which follows a logic of exploitation of indigenous expertise, with the possible aim of out-competing local rivals.

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