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The location of US multinational foreign R&D has shifted significantly to include emerging markets in addition to traditional Western R&D hubs, resulting in two challenges for multinationals: (1) how to transfer knowledge across geographic distances, and (2) how to facilitate learning when local...
Persistent link: https://www.econbiz.de/10012453261
"cutthroat capitalism" that generates greater inequality and more innovation and will become the technology leaders, while others … potentially contribute to advances in the world technology frontier. A greater gap of incomes between successful and unsuccessful … entrepreneurs (thus greater inequality) increases entrepreneurial effort and hence a country's contribution to the world technology …
Persistent link: https://www.econbiz.de/10012460215