1,721,021 research outputs found
Il marketing territoriale nelle regioni italiane: una visione di sintesi nella prospettiva dell’attrazione di investimenti produttivi
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Innovation and the Multinational Firm: Perspectives on Foreign Subsidiaries and Host Locations
No full textIn the changing geography of innovation, multinational corporations play a key role as creators of knowledge. Innovation and the Multinational Firm investigates how innovation is managed within these firms by focusing particularly on subsidiaries and host-locations. Previous literature has recognized that subsidiaries are increasingly involved in strategizing activities while managing their technological assets, and that locational features powerfully influence multinational firms' distributed innovation. Yet, a comprehensive understanding of how subsidiary-level and location-level variables interact to explain decentralized processes of innovation is still missing. This book offers insights into these aspects by adopting a novel theoretical angle, inspired by the blend of three literatures, namely international business, innovation studies and economic geography. The volume is divided into two parts. The first proposes an overview of the literature on the management of innovation across geographical space. The second delves into the role of subsidiaries and host-locations to develop a multi-level analytical framework for the study of geographically distributed innovation in multinational firms
Knowledge outflows from foreign subsidiaries and the tension between knowledge creation and knowledge protection: evidence from the semiconductor industry
Full text linkThis paper analyzes the MNC subsidiaries' trade-off between the need for knowledge creation and the need for knowledge protection, and relates it to the extent of knowledge outflows generated within the host location. Combining research in International Business with Social Theory, we build a conceptual framework suggesting that subsidiaries that extensively draw on external knowledge sources are also more likely to generate knowledge outflows to local firms. We argue that this may be explained by the subsidiaries' willingness to build the trust that facilitates the establishment of reciprocal knowledge linkages. However, when the value of the subsidiary's knowledge stock is very high, the need for knowledge protection restrains reciprocity mechanisms in knowledge exchanges, thus reducing the extent of knowledge outflows to the host location. This study contributes to the literature on the firm-level antecedents of FDI-mediated local knowledge outflows, as well as to the broad IB literature on the relationship between subsidiaries and their host regions. The implications for managers and policy-makers are also discussed
International Knowledge Transfer: an integrated analysis of antecedents, consequences and time patterns of the FDI knowledge spillover effect
Full text linkThis thesis is concerned with the process of international knowledge transfer mediated by multinational corporations’ Foreign Direct Investment. Answering to International Business scholars’ recent call for a deeper analysis of the multinational firms’ strategic behaviour at the level of the subsidiary, it explores the theoretical drivers behind the active role foreign subsidiaries can play in influencing the process of knowledge dissemination within the host-location.
Using two different datasets on foreign subsidiaries’ local innovative activity and business linkages with domestic suppliers and distributors, the empirical analysis lends support for established theorizing about multinational firms’ trade-off between the opportunity to learn from the host-environment and the risk to lose control over their proprietary knowledge assets, due to the local spillover effect. Moreover, shifting the focus of the analysis from the head-quarter to the foreign subunits, the results reveal that subsidiaries actively manage these knowledge flows within their host-locations, to the aim of fostering incoming information (in terms of both technology and knowledge of the local business network and market), while at the same time restricting outward spillovers.
It is also shown that, in order to manage these knowledge flows, foreign subsidiaries adapt their investment in local interaction with domestic firms to both internal and external factors. More specifically, the results suggest that increasing competitive pressure fosters the importance of sourcing resources for innovation from the local context. However, when competition becomes too high, subsidiaries tend to lower the extent of close interaction with local counterparts, in order to protect their competitive assets from the increased risk of knowledge spillover in the external environment. Furthermore, this relationship is moderated by the extent to which the subsidiaries possess relevant competitive assets. In other words, especially capable subsidiaries in very competitive environments tend to shy away from strong interaction with local firms, since under such circumstances the risk of spillovers is larger than the potential benefits of learning.
This thesis also makes a theoretical contribution by combining International Business literature with Open Innovation perspectives to develop a framework for the analysis of the time patterns of the knowledge flows between foreign and domestic firms. Specifically, it motivates the importance – for firms’ competitiveness - of evaluating the speed at which this phenomenon takes place.This thesis is concerned with the process of international knowledge transfer mediated by multinational corporations’ Foreign Direct Investment. Answering to International Business scholars’ recent call for a deeper analysis of the multinational firms’ strategic behaviour at the level of the subsidiary, it explores the theoretical drivers behind the active role foreign subsidiaries can play in influencing the process of knowledge dissemination within the host-location.
Using two different datasets on foreign subsidiaries’ local innovative activity and business linkages with domestic suppliers and distributors, the empirical analysis lends support for established theorizing about multinational firms’ trade-off between the opportunity to learn from the host-environment and the risk to lose control over their proprietary knowledge assets, due to the local spillover effect. Moreover, shifting the focus of the analysis from the head-quarter to the foreign subunits, the results reveal that subsidiaries actively manage these knowledge flows within their host-locations, to the aim of fostering incoming information (in terms of both technology and knowledge of the local business network and market), while at the same time restricting outward spillovers.
It is also shown that, in order to manage these knowledge flows, foreign subsidiaries adapt their investment in local interaction with domestic firms to both internal and external factors. More specifically, the results suggest that increasing competitive pressure fosters the importance of sourcing resources for innovation from the local context. However, when competition becomes too high, subsidiaries tend to lower the extent of close interaction with local counterparts, in order to protect their competitive assets from the increased risk of knowledge spillover in the external environment. Furthermore, this relationship is moderated by the extent to which the subsidiaries possess relevant competitive assets. In other words, especially capable subsidiaries in very competitive environments tend to shy away from strong interaction with local firms, since under such circumstances the risk of spillovers is larger than the potential benefits of learning.
This thesis also makes a theoretical contribution by combining International Business literature with Open Innovation perspectives to develop a framework for the analysis of the time patterns of the knowledge flows between foreign and domestic firms. Specifically, it motivates the importance – for firms’ competitiveness - of evaluating the speed at which this phenomenon takes place.LUISS PhD Thesi
Reti internationali tra lobbying e convenienza strategica: il caso delle scelte localizzative delle imprese multinazionali
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Product and marketing actions in a competitive scenario
Full text linkWe analyze product and marketing actions and their consequences on firm competitive outcomes. These actions are investigates in relative terms compared to a firm’s direct competitors. Our results shed new light on how a firm’s choices regarding product portfolio and marketing postures affect its performance, while accounting for competitive conditions in the external environment. The theory is tested using data from the US apparel industry
Knowledge outflows from foreign subsidiaries: the tension between knowledge creation and knowledge protection
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