Multinational enterprises (MNEs) are believed to contribute towards economic development of host countries through foreign direct investment (FDI), which results in poverty alleviation and human empowerment through linkages and spillovers with local stakeholders. However, earlier research demonstrates that the positive impact of FDI is often inconclusive. There is thus a gap in understanding the link between the activities of MNEs in developing countries and their impact on socio-economic development. This volume reports the results of a large international 'MNEmerge' research project, financed by the European Commission, and provides an understanding of the impact of MNEs on United Nations Millennium Development Goals and successive Sustainable Development Goals in developing countries.

This book presents a wide-ranging assessment of the current state of China s economy in relation to the global international economy. It discusses the role China has played in responding to the economic crisis; assesses the continuing strong prospects for further economic growth in China; and examines China s deepening integration into the world economy. Specific topics covered include China s foreign reserves and global economic recovery; the international expansion of Chinese multinationals and China s private businesses; and the role of technological innovation in China s economic growth. Overall, the book provides a wealth of detail and up-to-date insights concerning China s development path, growth potential, sustainability and impact. "

This book presents a wide-ranging assessment of the current state of China's economy in relation to the global international economy. It discusses the role China has played in responding to the economic crisis; assesses the continuing strong prospects for further economic growth in China; and examines China's deepening integration into the world economy. Specific topics covered include China's foreign reserves and global economic recovery; the international expansion of Chinese multinationals and China's private businesses; and the role of technological innovation in China's economic growth. Overall, the book provides a wealth of detail and up-to-date insights concerning China's development path, growth potential, sustainability and impact.

Investigating the nature, drivers and sources of innovation in Africa, this book examines the channels for effective diffusion of innovation in and to Africa under institutional, resource and affordability constraints. Fu draws on almost a decade of research on innovation in Africa to explore these issues and unpack the process, combining a rigorous statistical analysis of a purposely designed multi-wave, multi-country survey with in-depth studies of representative cases. Building on this research, Fu argues that African firms are innovative but unsupported. Those 'under-the-radar' innovations that widely exist in Africa as a result of the constraints are not sufficient to enable Africa to leapfrog the innovation gap in the era of the fourth Industrial Revolution. This is the first comprehensive analysis of the creation and diffusion of innovation in low income countries. It also provides the first survey-based analysis of innovation in the informal economy.

Rising from a position of relative poverty in 1980, China is now the world's second-largest economy and a leader in many fields of innovation. Understanding China's new status as a technologically advanced world power and the means by which it has reached that position will be critical to policy-makers and business leaders in the years ahead. The Oxford Handbook of China Innovation provides a contemporary and authoritative view of the role of innovation in China's extraordinary emergence. The Handbook brings together over sixty experts from universities and research institutions worldwide to describe and analyze this phenomenon with criticism, policy discussion, and views about further development. The volume focuses on the microeconomic factors in China's growth and the way in which the steady drive for innovation has been a critical force. Chapters cover a wide scope of topics including China's development policies, the place of innovation in national priorities, the components of the national innovation system, and the resources required for their effective deployment. The issue of foreign influence is also addressed, including the evolution of policy towards inward foreign direct investment and knowledge transfer and China's goals for outward foreign direct investment. As China emerges as a contender for global leadership, the Handbook provides a data-driven, accessible, and comprehensive foundation to understand and predict the challenges ahead.

Over the past three decades, China has experienced rapid economic growth and a fascinating transformation of its industry. However, much of this success is the result of industrial imitation, and China's continuing success now relies heavily on its ability to strengthen its indigenous innovation capability. In this book, Xiaolan Fu investigates how China can develop a strategy of compressed development to emerge as a leading innovative nation. The book draws on quantitative and qualitative research that includes cross-country, cross-province and cross-firm analysis. Large multi-level panel datasets, unique survey databases, and in-depth industry case studies are explored. Different theoretical approaches are also used to examine the motivations, obstacles and consequences of China's innovation with a wider discussion around what other countries can learn from China's experience. This book will appeal to scholars and policy-makers working in fields such as innovation policy, technology management, development and international economics, and China studies.

Over the past three decades, China has experienced rapid economic growth and a fascinating transformation of its industry. However, much of this success is the result of industrial imitation, and China's continuing success now relies heavily on its ability to strengthen its indigenous innovation capability. In this book, Xiaolan Fu investigates how China can develop a strategy of compressed development to emerge as a leading innovative nation. The book draws on quantitative and qualitative research that includes cross-country, cross-province and cross-firm analysis. Large multi-level panel datasets, unique survey databases, and in-depth industry case studies are explored. Different theoretical approaches are also used to examine the motivations, obstacles and consequences of China's innovation with a wider discussion around what other countries can learn from China's experience. This book will appeal to scholars and policy-makers working in fields such as innovation policy, technology management, development and international economics, and China studies.