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Growth and innovation Strategies In Global Competition

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  • U. 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.

Suggested Citation

  • U. Weitzel, 2005. "Growth and innovation Strategies In Global Competition," Working Papers 05-29, Utrecht School of Economics.
  • Handle: RePEc:use:tkiwps:0529
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    File URL: https://dspace.library.uu.nl/bitstream/handle/1874/14994/05-29.pdf
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    References listed on IDEAS

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    1. Nelson, Richard R & Winter, Sidney G, 1977. "Simulation of Schumpeterian Competition," American Economic Review, American Economic Association, vol. 67(1), pages 271-276, February.
    2. John H Dunning, 1995. "Reappraising the Eclectic Paradigm in an Age of Alliance Capitalism," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 26(3), pages 461-491, September.
    3. John H Dunning, 1988. "The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 19(1), pages 1-31, March.
    4. Masahiko Itaki, 1991. "A Critical Assessment of the Eclectic Theory of the Multinational Enterprise," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 22(3), pages 445-460, September.
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    More about this item

    Keywords

    Multinational Enterprise (MNE); Research and Development (R&D); Multinational Organization; Firm Dynamics; Innovation;

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