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Innovation in multinational corporations in the information age: the experience of the European ICT Industry
In: New horizons in the economics of innovation
The Regional Geography of Corporate Patenting in Information and Communications Technology (ICT): Domestic and Foreign Dimensions
In: Regional studies: official journal of the Regional Studies Association, Band 36, Heft 5, S. 495-514
ISSN: 1360-0591
Corporate strategic technological partnerships in the European information and communications technology industry
In: Research policy: policy, management and economic studies of science, technology and innovation, Band 29, Heft 9, S. 1015-1031
ISSN: 1873-7625
Corporate strategic technological partnerships in the European information and communications technology industry
In: Research policy: policy, management and economic studies of science, technology and innovation, Band 29, Heft 9, S. 1015-1031
ISSN: 0048-7333
World Affairs Online
Multinationals and local competitiveness
In: Collana di economia applicata e politica industriale / Politecnico di Milano, Dipartimento di ingegneria gestionale Economia e politica industriale 351
Close together or far apart? The geography of host-country knowledge sourcing and MNCs' innovation performance
In: Regional studies: official journal of the Regional Studies Association, Band 57, Heft 2, S. 370-383
ISSN: 1360-0591
Local Environmental Non-Profit Organizations and the Green Investment Strategies of Family Firms
We add to the debate on the determinants of firms' green investment strategies (GIS) by looking at societal stakeholders and explicitly testing the role of local environmental non-profit organizations (ENPOs) in GIS engagement by family and non-family firms. We argue that ENPOs favor GIS engagement only by family firms, which, due to their resource constraints, risk aversion and local embeddedness, are more sensitive to ENPOs normative pressure. We also suggest that the role of ENPOs is especially important for family firms' GIS in those sectors with less stringent regulations, where ENPOs may act as a substitute for the coercive pressure of regulation, and promote firms' self-regulatory behaviors. We test and find support for our arguments on a sample of about 2000 Italian manufacturing firms over the period 2001–2003. Our results are robust to the control of observable omitted variables, reverse causality and to alternative model specifications.
BASE
From Shallow Resource Pools to Emerging Clusters: The Role of Multinational Enterprise Subsidiaries in Peripheral Areas
In: Regional studies: official journal of the Regional Studies Association, Band 50, Heft 12, S. 1965-1979
ISSN: 1360-0591
Location and collocation advantages in international innovation
In: Multinational business review, Band 20, Heft 1, S. 6-25
ISSN: 2054-1686
PurposeThis paper examines the role of location‐specific (L) advantages in the spatial distribution of multinational enterprise (MNE) R&D activity. The meaning of L advantages is revisited. In addition to L advantages that are industry‐specific, the paper emphasises that there is an important category of L advantages, referred to as collocation advantages.Design/methodology/approachUsing the OLI framework, this paper highlights that the innovation activities of MNEs are about interaction of these variables, and the essential process of internalising L advantages to enhance and create firm‐specific advantages.FindingsCollocation advantages derive from spatial proximity to specific unaffiliated firms, which may be suppliers, competitors, or customers. It is also argued that L advantages are not always public goods, because they may not be available to all firms at a similar or marginal cost. These costs are associated with access and internalisation of L advantages, and – especially in the case of R&D – are attendant with the complexities of embeddedness.Originality/valueThe centralisation/decentralisation, spatial separation/collocation debates in R&D location have been mistakenly viewed as a paradox facing firms, instead of as a trade‐off that firms must make.
Location, collocation and R&D alliances in the European ICT industry
In: Research Policy, Band 38, Heft 2, S. 393-403
The boundaries of firms in the new economy: M&As as a strategic tool toward corporate technological diversification
In: Structural change and economic dynamics, Band 17, Heft 2, S. 174-199
ISSN: 1873-6017
M&As AND THE GLOBAL STRATEGIES OF TNCs
In: The developing economies: the journal of the Institute of Developing Economies, Tokyo, Japan, Band 40, Heft 4, S. 400-434
ISSN: 1746-1049
Most of the motivations for M&As that feature in the global strategies of transnational corporations (TNCs) are a means of reshaping competitive advantages within their respective industries. They have some effect on the TNCs of all or most industries and so to that extent they are not necessarily sector‐specific. However, it may be that some of the motives which we outline affect some industries more than others, and in that sense they can be expected to be associated with a greater intensity of M&As in certain sectors than others. We identify the likelihood of M&As across industries, and discuss how the general factors that have promoted the recent M&A wave have had a bigger impact on the global strategies of TNCs in the industries in which the propensity to engage in M&As has been the highest. The regional dimension is also considered.
The Evolution of Trade and Technological in the Italian regions
The deepening of the integration process with the acceleration of the Single European Market (SEM), the forthcoming adoption of a single currency together with the political plans of eastwards enlargement of the European Union (EU rise problems of disparities and inequalities between and within member states. The existence of cross-border imbalances within the EU area and the relevance of the issue for a successful socio-economic integration have been widely pointed out by the literature. The convergence in GDP levels across the EU regions registered up to the 1970s slowed down in the 1980s and started to reverse in the early 1990s. The awareness of this phenomenon has promoted the flourishing of socio-economic investigations based on the region as a territorial unit of analysis in order to better understand local dynamics driving convergence/divergence processes. Amidst the more general globalisation trend, localised knowledge spillovers and geographical concentration of economic activity seem to underlie these processes. In fact, despite of the fast pace of technological change and the massive reduction of space and time constrains, geographical agglomeration matters more than ever before for the purpose of global competitiveness. If the geographical perspective has shifted from the national to the regional level in the investigation of growth differentials, it has also turned out that innovative capabilities account for a good deal in explaining inter-regional disparities. The latter seem to greatly depend upon local innovative capacities, without, however, disregarding economic-structural and institutional factors. Structural and innovative processes are closely connected and mutually reinforced by virtuous and vicious circles characterising respectively "success stories" of rapid industrial and technological development and catching up, and "falling behind" models of insufficient structural change and lack of organisational flexibility and systemic interaction. Within the European arena, the heterogeneous socio-economic conditions of the Italian regions are a clear example of intra-border imbalances. In the Italian peninsula, the north-south gap, reflected in the distinction between most advanced and less favoured regions, calls for a better understanding of both structural and technological profiles of the regional sectoral systems. By providing further insight into the convergence/divergence processes of regional industrial systems in Italy, this paper will attempt to identify production and innovative potentials developed within each regional unit. The ultimate aim is to explain current leading and lagging-behind conditions as well as to focus on the developing trajectories of consolidation and redefinition of regional competitive positions. For this purpose, economic, technological and locational factors will be evaluated. As the heterogeneity of the Italian regional systems is far to be an exception in the EU, the results of this analysis and their policy implications may well be relevant to the domestic realities of other member states. Going into the details of the analysis, the paper tests the hypothesis of whether technology effort impacts on regional internationalisation (understood in terms of international trade) over time. In doing so, the evolution of sectoral trade specialisation is sketched in order to evaluate the trajectories of regional competitive patterns. The emphasis on the sectoral aspects shed some light on the knowledge exchange and learning underlying trade flows. Moreover, in order to evaluate the significance of cross-regional differences in this context, the investigation goes further by identifying regional profiles of production structure.
BASE
The frontier of international technology networks: sourcing abroad the most highly tacit capabilities
In: Information economics and policy, Band 11, Heft 1, S. 101-123
ISSN: 0167-6245