Multinationals and Emerging Economies: The Quest for Innovation and Sustainability (Innovation, Co-Operation and Development)

The global economy is changing rapidly and multinational corporations (MNCs) are at the forefront of this transformation. The book provides novel and profound analyses of how MNCs and emerging economies are related, and how this relationship affects the dynamics of the global economy. In particular, the authors deal with the nexus between multinationals, emerging economies and innovation from a variety of different perspectives. Innovation is regarded as a core driving force in the global economy but the authors show how it can impede as well as encourage sustainability. Multinationals and Emerging Economies brings together insights from business studies and economics, and combines concise theoretical discussion with empirical analyses of unique data. Researchers and graduate students in the fields of international business, international economics, international relations, innovation studies and strategy will find much of interest to them throughout the book. It will also be an invaluable tool for policy-makers in economics and commerce. Contents......Page 6 Figures, tables and boxes......Page 8 Contributors......Page 10 Abbreviations......Page 12 Preface......Page 15 Introduction......Page 16 1. Multinationals are multicultural units: some indications from a cross-cultural study......Page 21 2. The innovativeness of foreign firms in China......Page 38 3. New Europe’s promise for life sciences......Page 56 4. Facing the trial of internationalizing clinical research to developing countries: evidence from Mexico......Page 73 Intermezzo I. Do multinationals matter for emerging markets, or vice versa?......Page 90 5. Strategic motivations for international alliances: the Chinese perspective......Page 93 6. Cross-border investment and economic integration: the case of Guangdong Province and Hong Kong SAR......Page 107 7. The ‘making of’ national giants: the international expansion of oil companies from Brazil and China......Page 126 8. Beyond the emission market: Kyoto and the internationalization of firms from the waste industry......Page 142 Intermezzo II. Emerging knowledge economies......Page 159 9. Changing configuration of alternative energy systems......Page 164 10. Serving low-income markets: rethinking multinational corporations’ strategies......Page 181 Index......Page 198 The global economy is changing rapidly and multinational corporations (MNCs) are at the forefront of this transformation. This book provides novel and profound analyses of how MNCs and emerging economies are related, and how this relationship affects the dynamics of the global economy. In particular, the authors deal with the nexus between multinationals, emerging economies and innovation from a variety of different perspectives. Innovation is regarded as a core driving force in the global economy but the authors show how it can impede as well as encourage sustainability. The book brings together insights from business studies and economics, and combines concise theoretical discussion with empirical analyses of unique data Edited By Wilfred Dolfsma, Geert Duysters, Ionara Costa. Includes Bibliographical References And Index.