China has attracted a huge amount of investment in R&D
internationalization of multi-national corporations (MNCs), which
is playing an important role in its economy. Constrained by natural
resources, China has to attach more importance to technological
progress and indigenous innovation in order to move beyond the old
economic growth model. Technology seems inaccessible to outsiders,
which prevents others from doing research in a comprehensive and
systematic manner. In this book, technology is regarded as a factor
of production that is allocated by MNCs across the world to
maximize profits. Such rational economic behavior serves as our
entry point to enhance existing theoretical achievements on R&D
internationalization.
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