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This paper examines the recent siting of foreign-owned corporate technological development in European regions. The data used are patents granted in the US to the world's largest firms in the period 1987-'95. According with the literature on knowledge creation in MNCs, we find that location of...
Persistent link: https://www.econbiz.de/10011314799
The notion that Information and Communication Technology would have reduced the economic importance of geographic distance has been proposed with energy in the post-Internet literature (Cairncross, 2001). According to this view, the New Economy would work in a space rather than a place, cost of...
Persistent link: https://www.econbiz.de/10011324430
In the framework of analyses on the relationship between geography and technological innovation, the role of universities has received considerable attention. Both theoretical and empirical literature has shown that university research positively influences the capacity for innovation of the...
Persistent link: https://www.econbiz.de/10011325235
This paper assesses the influence of spatial heterogeneity on the choice of entry modes by multinational enterprises (MNEs). We claim that the location of the target firm influences the choice of partial ownership, i.e., an MNE?s choice to maintain a local partner. MNEs normally execute partial...
Persistent link: https://www.econbiz.de/10011397278
After a prolonged postwar period of remarkable foreign ownership penetration, in the last two decades Italy lost its high position as a country of destination of worldwide inward FDI. At the beginning of the new millennium, Italy ranks about 13 th regarding the stock, and 21 st regarding the...
Persistent link: https://www.econbiz.de/10005403561
This paper assesses the influence of spatial heterogeneity on the choice of entry modes by multinational enterprises (MNEs). We claim that the location of the target firm influences the choice of partial ownership, i.e., an MNE?s choice to maintain a local partner. MNEs normally execute partial...
Persistent link: https://www.econbiz.de/10010740295
The present paper is about the ownership choices by Emerging Market Multinational Enterprises (EMNEs) when they invest in Europe through M&As, and the relationship with the main motivations underlying their international expansion. Namely, we claim that EMNEs prefer to acquire less control and...
Persistent link: https://www.econbiz.de/10011019084