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Industrial Innovation and Firm Performance - The Impact of Scientific Knowledge on Multinational Corporations (Hardcover, illustrated edition)
Loot Price: R3,055
Discovery Miles 30 550
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Industrial Innovation and Firm Performance - The Impact of Scientific Knowledge on Multinational Corporations (Hardcover, illustrated edition)
Series: New Horizons in International Business series
Expected to ship within 12 - 17 working days
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It has long been recognized that R&D plays a key role in the
global battle for technological leadership. However, due to intense
competition and rivals' imitations, firms are not always able to
reap rewards from their innovations. Mario Kafouros theoretically
and empirically 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. The book 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.The results confirm
that not all firms can benefit from innovation, and indicate that
whilst some companies can turn technological advances into a
powerful competitive weapon, innovation for others is merely a
defense mechanism. To provide a clearer understanding of the
relationship between innovation and firm productivity performance,
the book also investigates a number of additional issues including
the costs of R&D, the association between the Internet and
R&D efficiency, and the role of competition,
internationalization, firm size and technological opportunities.
This book will appeal to academics and researchers in the fields of
international business, innovation and R&D, productivity and
firm performance, the economics of technological change, and
knowledge management. As the author examines the conditions under
which firms benefit from innovation, managers, R&D directors,
economists and government agents may also use the research findings
in order to develop strategies and policies to maximize the impacts
of innovation.
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