Multinational Firms, Innovation and Productivity

Multinational Firms, Innovation and Productivity PDF

Author: D. Castellani

Publisher: Edward Elgar Publishing

Published: 2006

Total Pages: 263

ISBN-13: 1847201598

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The book assumes an original place in the literature. . . Castellani and Zanfei show that the economic impact of MNEs on innovation and productivity depends on evolutionary features of firms and industries, particularly on the heterogeneity of firm strategies and behaviours. . . this volume contains high-quality, well-written research. . . Simona Iammarino, Research Policy . . . this book offers the reader a well-written and very comprehensive analysis on the link between innovation and internalization which leads to insights into firm heterogeneity. The authors have succeeded in synthesizing the vast body of theoretical and empirical research and given an up-to-date overview of the various issues involved. This is then complemented with their own research findings. . . The book will undoubtedly enrich the debate on the behavior and impact of MNEs. Yama Temouri, Journal of International Business Studies Davide Castellani and Antonello Zanfei, two well-known Italian economists, have brought forth an excellent new book. . . I think this book will serve as a starting-point for many interesting studies, both because of its findings and because of its empirical and theoretical rigour. . . the book lays an excellent and empirically well founded foundation that opens the way for what we need most in research on the international innovatory activities and R&D configurations of MNCs: intrafirm data and the study of intrafirm processes, configurations and specific interactions with the host country environment. The book to me is an important step in moving innovation research forward in this direction. . . I am sure that this book will serve as a thought-provoking starting point for many future studies on firms international innovatory activities and therefore recommend it without any reservation. Marcus M. Keupp, Creativity and Innovation Management Castellani and Zanfei have developed an original and comprehensive analysis of the role of multinational firms in the transfer, creation and diffusion of technology. By developing their view of the multinationals as double network institutions , the authors provide new insights on a variety of key issues at the frontier of economics of international production and innovation. This book is thought-provoking, incisive and topical, and should be required reading for both economists and policymakers alike. Rajneesh Narula, University of Reading, UK Castellani and Zanfei present an in-depth theoretical and empirical analysis of the key issues underpinning the relationship between innovation and multinationality. This book is strongly-recommended reading for any researcher working on innovation or multinationality or the interface between the two. Grazia Ietto-Gillies, London South Bank University, UK This book gets to the root of how and why multinational firms differ in the cross-border creation, transfer and diffusion of technology, and provides fresh evidence on the effects that these differences have on productivity and innovation in the economic systems in which they are active. Davide Castellani and Antonello Zanfei consider multinationals as heterogeneous institutions that combine internal networks of subsidiaries with external networks of collaborative linkages, to bridge different economic and innovation systems. They examine heterogeneity in productivity and innovative behaviour between multinational and national firms, as well as across and within multinationals. The authors argue that not every foreign firm is a good source of externality, and not every domestic firm is equally well placed to benefit from multinationals. It is shown that spillovers from multinationals differ according to the technological profiles, embeddedness and linkage creation of both foreign and domestic firms active in local markets. The book supports this view with empirical evidence based on illustrative case studies, and on econometric analysis using extensive firm-level datasets on multinati

Firm Innovation and Productivity in Latin America and the Caribbean

Firm Innovation and Productivity in Latin America and the Caribbean PDF

Author: Inter-American Development Bank

Publisher: Springer

Published: 2016-07-01

Total Pages: 346

ISBN-13: 1349581518

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This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs. This book is open access under a CC BY-NC-ND 3.0 IGO license.

Industrial Innovation and Firm Performance

Industrial Innovation and Firm Performance PDF

Author: Mario I. Kafouros

Publisher: Edward Elgar Publishing

Published: 2008-01-01

Total Pages: 264

ISBN-13: 9781781956380

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Examines the impacts of innovation and scientific knowledge on the productivity performance of multinational corporations, and the conditions under which companies benefit from their technological discoveries. Also investigates the extent to which the research efforts of other companies can contribute to a firm's productivity, and how multinationals build on external inventions, ideas and knowledge.

International Differences in the Business Practices and Productivity of Firms

International Differences in the Business Practices and Productivity of Firms PDF

Author: Richard B. Freeman

Publisher: University of Chicago Press

Published: 2009-10-15

Total Pages: 284

ISBN-13: 0226261956

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In recent years, globalization and the expansion of information technologies have reshaped managerial practices, forcing multinational firms to adjust business practices to different environments and domestic companies to adjust to their foreign competitors. In International Differences in the Business Practices and Productivity of Firms, a distinguished group of contributors examines the phenomenon of widespread differences in managerial practices across firms, establishments within firms, and countries. This volume brings together eight studies that combine qualitative and quantitative insider analysis of business practices such as the use of teams, incentive pay, lean manufacturing, and quality control, revealing the elements that determine which practices are adopted and why. International Differences in the Business Practices and Productivity of Firms offers a much-needed model for measuring the productivity and performance of international firms in a fast-paced global economy.

Firm Productivity, innovation and Financial Development

Firm Productivity, innovation and Financial Development PDF

Author: Ms.Genevieve Verdier

Publisher: International Monetary Fund

Published: 2010-02-01

Total Pages: 37

ISBN-13: 1451963254

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How do firm-specific actions-in particular, innovation-affect firm productivity? And what is the role of the financial sector in facilitating higher productivity? Using a rich firm-level dataset, we find that innovation is crucial for firm performance as it directly and measurably increases productivity. Moreover, its effects on productivity are mediated through the financial sector; firms reap the maximum benefits from innovation in countries with well-developed financial sectors. This effect is particularly important for firms in high-tech sectors, which typically have higher external financing needs.

Innovation in Multinational Companies

Innovation in Multinational Companies PDF

Author: Jannika Mattes

Publisher: Peter Lang

Published: 2010

Total Pages: 346

ISBN-13: 9783631610213

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This study deals with the organisation of innovation projects of multinational companies. The focus is on learning processes which occur within the company group as well as those taking place between the company and its regional environment. This work establishes a bridge between organisational and regional learning. Three dilemmas of innovation can thereby be identified: the dilemma between formalisation and flexibilisation mirrors that organisations are defined as stable and structured entities whilst innovation is a process of renewal and change. The configuration dilemma reflects the choice between a concentrated setting and international dispersal of innovation activities. The dilemma of regional (dis)embeddedness points at the tension between exploiting available resources and pursuing a regionally detached strategy. Qualitative case-studies of specific innovation projects provide empirical in-depth insights. This book was awarded the first prize in the catagory Dissertations of the Weser-Ems-Wissenschaftspreis 2011.

Global Goliaths

Global Goliaths PDF

Author: James R. Hines

Publisher: Brookings Institution Press

Published: 2021-04-20

Total Pages: 585

ISBN-13: 0815738560

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How multinationals contribute, or don't, to global prosperity Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world against globalization and the corporations that made it possible. In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations, this edited volume examines key questions about their role, both in their home countries and in the rest of the world where they do business. Is their multinational nature an essential driver of their profits? Do U.S. and European multinationals contribute to home country employment? Do multinational firms exploit foreign workers? How do multinationals influence foreign policy? How will the rise of the digital economy and digital trade in services affect multinationals? In addressing these and similar questions, the book also examines the role that multinational corporations play in the outcomes that policymakers care about most: economic growth, jobs, inequality, and tax fairness.

Innovation in Firms A Microeconomic Perspective

Innovation in Firms A Microeconomic Perspective PDF

Author: OECD

Publisher: OECD Publishing

Published: 2009-11-20

Total Pages: 220

ISBN-13: 9264056211

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This book presents the main results of the OECD Innovation Microdata Project -- the first large-scale effort to exploit firm-level data from innovation surveys across 20 countries in an internationally harmonised way, with a view to addressing common analytical questions.

Innovation, Globalization and Firm Dynamics

Innovation, Globalization and Firm Dynamics PDF

Author: Anna M. Ferragina

Publisher: Routledge

Published: 2014-03-14

Total Pages: 445

ISBN-13: 1317810228

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This book is about the relationship between firm dynamics, innovation and globalization, the processes that are essential for long term economic growth and welfare creation. This volume deals with these three issues in three sections titled respectively: entrepreneurship, new firm formation and growth; productivity-innovation-growthnexus; globalization, multinational firms and producers’ dynamics. The book presents new studies written by distinguished researchers in the field, who use state-of-the-art methodologies and extensive sources of firm- and plant-level longitudinal data to analyze and understand these major economic issues facing modern economies. In the first section, the book proposes two comprehensive introductory surveys which explore in detail the underpinnings of entrepreneurship, new firm formation and growth in advanced and developing countries. The second fundamental issue, productivity-innovation and firm dynamics, is approached by examining key drivers of selection mechanisms such as size, scale elasticity, innovative efforts, financial fragility of the firms, barriers to entry and exit, capital and financial market distortions, institutional inefficiencies and other market imperfections which affect the ability of firms to expand or enter. The third section examines differences, linkages and intertwined evolution of foreign and domestic firms in their dynamics of survival and growth in different institutional contexts and periods. Each chapter includes a detailed discussion of the implications of the respective analyses for enterprise policy. In a concluding chapter the overall implications for enterprise policy of the analyses presented in the different chapters are drawn by the Editors. This approach ensures that the book is integrated around a coherent central theme in comprehensive framework. The book responds to a growing concern among scholars, professionals, and policy makers over the recent decades about firm ability to survive and compete in a context of increasing globalization and international competition. The approach adopted is both theoretical and empirical with consideration of paradigmatic case studies in Europe, Africa and Asia, providing new evidence on developed, developing and transition economies in a comparative perspective. The cases selected represent different levels of development, different firms strategies and paths, with distinct outcomes. The book is an essential reading for scholars and students concerned with industry development, public policy and globalization, as well as to all those involved professionally in such issues.

Multinational Enterprises and Host Country Development

Multinational Enterprises and Host Country Development PDF

Author: Holger Görg

Publisher: World Scientific Publishing Company

Published: 2016-06-24

Total Pages: 387

ISBN-13: 9814749230

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Multinational Enterprises and Host Country Development is a unique collection of papers looking at different aspects of the link between multinational enterprises and their effects on the host countries' economies. The volume studies effects of multinationals on R&D, innovation, productivity, wages, as well as growth and survival of firms in the host countries, and distinguishes direct and indirect effects through spillovers. All the analyses are conducted using firm level data for countries as diverse as China, Ireland, Sweden, Ghana, the UK or a group of countries in Central and Eastern Europe. This volume is a valuable reading for graduate students and researchers wishing to investigate the impact of multinationals.