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Sticky places in slippery space – the location of innovation by MNCs in the European regions

In: Inward Investment Technological Change and Growth

Author

Listed:
  • John Cantwell
  • Simona Iammarino
  • Camilla Noonan

Abstract

The changing nature of international production and business means that the competitive advantage of firms lies increasingly in their ability to create a coherent set of new capabilities and source technological knowledge internationally (Cantwell, 1989; Teece et al., 1994; Cantwell and Piscitello, 1999a). Although the majority of multinational corporations (MNCs) continue to locate a large proportion of their R&D in their home country, it is widely acknowledged that many MNCs are now making increasing use of international networks for technology development to augment technologies generated in their home base (Cantwell, 1995; Fors, 1998; Dunning and Lundan, 1998; Kuemmerle, 1999; Cantwell and Piscitello, 2000). The pertinent issue for host economies attempting to entice such high value added activity, is to understand what renders a location attractive or ‘sticky in such slippery space’ (Markusen, 1996).

Suggested Citation

  • John Cantwell & Simona Iammarino & Camilla Noonan, 2001. "Sticky places in slippery space – the location of innovation by MNCs in the European regions," Palgrave Macmillan Books, in: Nigel Pain (ed.), Inward Investment Technological Change and Growth, chapter 8, pages 210-239, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59844-7_8
    DOI: 10.1057/9780230598447_8
    as

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