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Multinationals and National Systems of Innovation: Strategy and Policy Issues

In: The Strategic Development of Multinationals

Author

Listed:
  • Robert Pearce

    (University of Reading)

  • Marina Papanastassiou

    (Copenhagen Business School)

Abstract

One of the most significant journeys in our understanding of international business has been that from an essentially centralized view of innovation in MNEs towards one that encompasses an increasing range of decentralized inputs and strategic postures. This change in perspective can then be seen as decisively embodied within comparable changes in the way in which the effects of international business on individual host countries has been analyzed. Here we can see a refocusing from an FDI-based interpretation of flows of separate firm attributes (increasingly technology and other intangible assets rather than finance capital per se) towards a more MNE-strategy oriented evaluation of how firms position their operations in a specific location within wider globalized programs (Pearce, 2001, 2006). The aim of this chapter is, then, to generate a methodology for the assessment of the ways in which MNEs’ globalized strategies for innovation involve themselves with the attempts of national economies to generate and operationalize innovation competences as a source of growth and international competitiveness.

Suggested Citation

  • Robert Pearce & Marina Papanastassiou, 2009. "Multinationals and National Systems of Innovation: Strategy and Policy Issues," Palgrave Macmillan Books, in: The Strategic Development of Multinationals, chapter 8, pages 138-162, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-25048-2_8
    DOI: 10.1057/9780230250482_8
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    Cited by:

    1. Amendolagine, Vito & Chaminade, Cristina & Guimón, José & Rabellotti, Roberta, 2019. "Cross-border knowledge flows through R&D FDI: Implications for low- and middle-income countries," Papers in Innovation Studies 2019/9, Lund University, CIRCLE - Centre for Innovation Research.
    2. Lenihan, Helena & Mulligan, Kevin & Doran, Justin & Rammer, Christian & Ipinnaiye, Olubunmi, 2022. "R&D grant and tax credit support for foreign-owned subsidiaries: Does it pay off?," ZEW Discussion Papers 22-003, ZEW - Leibniz Centre for European Economic Research.

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