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Multinational Firms, Innovation and Productivity (Hardcover)
Loot Price: R3,024
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Multinational Firms, Innovation and Productivity (Hardcover)
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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 multinational activities,
innovation and economic performances. Integrating an in-depth
account of state of the art literature with detailed evidence, this
book will be of great interest to an extensive audience. This will
encompass students, researchers, academics, policy makers and
practitioners across a wide range of disciplines including:
international business, economics and management of innovation,
international economics and industrial organisation.
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