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on Economics of Strategic Management |
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Issue of 2024‒01‒29
five papers chosen by João José de Matos Ferreira, Universidade da Beira Interior |
| By: | Ma, Xiao; Zhang, Yiran |
| Abstract: | Multinationals play a crucial role in international knowledge diffusion. Given the recent concern that multinationals are departing China, understanding the importance of multinationals for China's technology is also particularly policy-relevant. Using comprehensive patent data from China, we document: (1) multinational affiliates and their foreign parent firms comprise a significant portion of patents filed with China’s patent office; and (2) there are subsequent transfers and spillovers of these technologies to domestic firms. Guided by the empirical findings, we develop a quantitative framework of multinational activities featuring cross-country technology flows, transfers, and spillovers. Quantitatively, we find that without multinational production and knowledge spillovers, China's total technology capital would drop by 36%. Furthermore, due to the externalities of multinationals’ technology investments, subsidizing multinationals in China will be socially beneficial, and reduced knowledge transfers/spillovers largely amplify the negative effects of multinationals' departing China on both China's GDP and technology. |
| Keywords: | multinational activities; technology transfers; knowledge spillovers |
| JEL: | F23 O33 |
| Date: | 2023–12–05 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:119371&r=cse |
| By: | Hädrich, Tobias; Reher, Leonie; Thomä, Jörg |
| Abstract: | The promotion of innovation-driven development in lagging regions is currently on the regional policy agenda, so a sound understanding of how learning and innovation can be successful under the conditions there is crucial. In this context, this paper demonstrates the potential of an innovation mode approach at the micro level of regional innovation systems. Based on a conceptual framework on the relationship between knowledge bases and innovation modes in the field of regional development, a systematic literature review is used to analyse whether this potential has already been exploited in previous innovation studies on lagging regions. The results show that some important steps have already been taken in this direction. However, the potential gain in terms of insights has so far only been realised to a limited extent. Against this background, the authors formulate several avenues for future research on firm-level innovation modes in lagging regions. |
| Keywords: | Regional innovation, STI innovation mode, DUI innovation mode, Lagging regions, Systematic literature review |
| JEL: | O18 O30 O38 R11 |
| Date: | 2023 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:ifhwps:280971&r=cse |
| By: | Bischoff, Thore Sören; Runst, Petrik; Bizer, Kilian |
| Abstract: | Previous studies have found that generalized trust positively affects innovation at the country and regional level. We extend this literature by arguing that there are four reasons to believe that the trust-innovation relationship is heterogeneous across geographic space. First, there is a saturation effect where regions in the lower half of the trust distribution are more likely to benefit from an increase in trust than regions in the upper half. Second, trust is more important in regions with less developed innovation capacities as it fosters cooperation and knowledge transfer, which is known to be especially relevant in lagging regions. Third, generalized trust and institutional trust can serve as substitutes: when institutional trust is low, generalized trust can be used as an alternative facilitator of cooperation. Finally, as smaller firms lack the legal capacities for sophisticated contractual arrangements and therefore resort to informal cooperation, the trust-innovation relationship is stronger in regions with a large share of small firms. Our results mostly support the small-firm and lower-trust region hypothesis. These findings underline the fact that regional innovation systems work differently and different mechanisms of cooperation can be leveraged to achieve innovation success depending on the regional characteristics. |
| Keywords: | Innovation, trust, regional innovation systems |
| JEL: | D02 D83 O12 O18 O31 |
| Date: | 2023 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:ifhwps:280972&r=cse |
| By: | Akimova, Varvara (Акимова, Варвара) (The Russian Presidential Academy of National Economy and Public Administration); Voloshinskaya, Anna (Волошинская, Анна) (The Russian Presidential Academy of National Economy and Public Administration); Moskvitina, Natalia (Москвитина, Наталья) (The Russian Presidential Academy of National Economy and Public Administration); Komarov, Vladimir (Комаров, Владимир) (The Russian Presidential Academy of National Economy and Public Administration) |
| Abstract: | Relevance of the research: at the present time, a new round of competitive technological race, spurred on by the United States and China, is clearly visible. Even today, the budget for research and development in China and the United States is 20 times higher than the budget for R&D in Russia, which creates the risk of losing national technological sovereignty. The answer to this challenge could be the creation of super-regions - territories of scientific and technological breakthrough, in which intelligence, research and innovation infrastructure are concentrated, where there are world-class campuses with high quality conditions, and effective interaction between business, science and education is organized. The aim of the study is to analyze the best world practices for creating technological super-regions in order to form an effective national innovation system and to develop conceptual proposals for creating technological super-regions in Russia. Research methods and methodology: comparative analysis, system analysis, quantitative and qualitative analysis, historical and economic analysis. Scientific novelty: the work contains a comprehensive analysis of the factors and mechanisms of formation of 10 global super-regions of the world with different spatial formats and genesis, which include: Silicon Valley (USA), urban innovation ecosystems of Boston (USA) and Cambridge (UK), Raleigh Research Triangle - Durham Chapel Hill (Research Triangle Park, USA), Sophia Antipolis (France), Silicon Allee (Germany), Tsukuba (Japan), Bangalore-Karnataka (India), Shenzhen (China) and Guangzhou (China). An author's model of a super-region has been developed, as well as criteria for choosing locations for creating superregions. Results: based on the analysis of foreign practices, it was revealed that among the mechanisms for the formation of super-regions, a hybrid model prevails: government intervention is combined with the initiative of business and academic circles. The authors have developed a model of an innovative super-region, where in the center there are two equivalent factors - the "place" factor (everything that is created in a given location by a person) and the "climate" factor (nature and climate that cannot be changed), as well as a set of selection criteria for potential locations. On the basis of the developed model, recommendations are proposed for choosing territories for creating innovation centers in Russia: in the short term, these include Greater Sochi (Adler, Krasnaya Polyana), New Moscow; in the medium term - the southern coast of Crimea, Primorsky Krai and the Kaliningrad region. |
| Keywords: | innovation super-regions, innovation centers, development factors, formation mechanisms, national innovation system, prospects for creation in Russia |
| JEL: | B52 O20 R58 |
| Date: | 2022–11–11 |
| URL: | http://d.repec.org/n?u=RePEc:rnp:wpaper:w20220312&r=cse |
| By: | Blanga-Gubbay, Michael; Rubínová, Stela |
| Abstract: | This paper explores the dynamic relationships between foreign direct investment (FDI), international trade, and economic development. First, emphasizing the pivotal role of multinational enterprises (MNEs) - particularly in the context of Global Value Chains (GVCs) - it underscores how FDI and trade are mutually reinforcing. Then, it highlights the convergence of investment and trade policies, pointing out the impact of Bilateral Investment Treaties (BITs) on trade flows and the increasing inclusion of investment provisions in Regional Trade Agreements (RTAs). Third, examining global FDI trends, it shows that developing and emerging economies are still lagging behind, but they are fast growing in importance. Finally, it draws on a rich empirical literature to show how FDI drives economic development through knowledge spillovers, technology transfer, and export upgrading. |
| Keywords: | foreign direct investment, international trade, economic development |
| JEL: | F21 F23 O19 |
| Date: | 2023 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:wtowps:280986&r=cse |