Growth and Innovation Strategies In Global Competition

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Growth and Innovation Strategies In Global Competition

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Utz Weitzel ()

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Utz Weitzel

Abstract

This paper develops a model of firm dynamics in global competition and experimentally analyzes multinational growth strategies and optimal coordination of innovative activities. It shows that growth and innovation strategies of operatively engaged headquarters (business or corporate) with a geocentric focus dominate alternative concepts, like ethnocentric, financial or flexible headquarters. The analysis identifies two crucial strategic advantages for successful multinational companies: economies of stability and global learning.

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Paper provided by Utrecht School of Economics in its series Working Papers with number 05-29.

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Length: 25 pages
Date of creation: Sep 2005
Date of revision:
Handle: RePEc:use:tkiwps:0529

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Find related papers by JEL classification:
F2 - International Economics - - International Factor Movements and International Business
L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
M1 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration
M2 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics

This paper has been announced in the following NEP Reports:

NEP-ALL-2005-10-29 (All new papers)
NEP-INO-2005-10-29 (Innovation)

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Nelson, Richard R & Winter, Sidney G, 1977. "Simulation of Schumpeterian Competition," American Economic Review, American Economic Association, vol. 67(1), pages 271-76, February. [Downloadable!] (restricted)
John H Dunning, 1988. "The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 19(1), pages 1-31, March. [Downloadable!] (restricted)
John H Dunning, 1995. "Reappraising the Eclectic Paradigm in an Age of Alliance Capitalism," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 26(3), pages 461-491, September. [Downloadable!] (restricted)
Masahiko Itaki, 1991. "A Critical Assessment of the Eclectic Theory of the Multinational Enterprise," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 22(3), pages 445-460, September. [Downloadable!] (restricted)

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This page was last updated on 2009-12-10.

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