of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …

knowledge technological knowledge spillover does not manifest itself in superior innovation output or productivity performance … investments, externalities and key actors in national innovation systems and productivity. This study explores whether foreign …-owned multinational firms differ systematically from domestic firms in terms of R&D-investments, transmission of technological knowledge …

outperformed by domestic multinationals in R&D and innovation engagement. Finally, the results on labor productivity are at …

generally outperformed by domestic multinationals in R&D and innovation engagement. Third, despite the fact that domestic … multinationals are considerably more involved in national innovation systems than other firms, they are not producing more innovation …

countries. We look at innovation inputs, outputs, and examine how strong foreign-owned enterprises are embedded in the … innovations systems of their host countries. We find that foreign ownership causes no differences in innovation input, but yields … a higher innovation output and higher labour productivity. In four of the five countries, affiliates of foreign …

-owned companies in R&D-activities; the relative embeddedness in various national innovation systems and the relative output … performance from R&D and innovation. A comparison is made between the innovation and productivity of foreign owned enterprises, of … Sweden, and based on the international harmonized Community Innovation Survey and uniform econometric approaches; the study …

particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the economy. Particular … specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These two countries have been …