Innovation Processes in Transnational Corporations
نویسندگان
چکیده
If innovation is considered as a process, then the differentiation of the innovation process into two phases creates several benefits. These two phases are, firstly, a pre-project phase fostering creativity and effectiveness, and a secondly a discipline-focused phase to ensure efficiency of implementation. This differentiation enables transnational companies to replicate and scale innovation efforts more easily in remote locations, exploiting both economies of scale and scope. Although the characteristics of these phases are quite distinct, few companies have consistent and differentiated techniques to manage and lead the overall innovation effort specific
منابع مشابه
Globalization of R&D: recent changes in the management of innovation in transnational corporations
Large multinational firms are the drivers for the globalization of R&D and innovation activities. There was a strong movement to establish a transnational configuration of R&D between 1985 and 1995. In recent years, however, R&D strategies and international location decisions have changed substantially. This paper is based on an in-depth analysis of R&D internationalization in 21 large corporat...
متن کاملTransnational Corporations and Livelihood Transformations in the Peruvian Andes: An Actor-Oriented Political Ecology
Corporations have become the primary actors directing the structure and function of the global political economy and the influence of many of the largest transnational corporations exceed that of all but a handful of the most powerful nation-states. In the past decade, the power of transnational corporations has been consolidated through rapid capital accumulation, increasingly uniform producti...
متن کاملTRANSNATIONAL CORPORATIONS, LEARNING AND INNOVATION IMPLICATIONS OF THE TRIMs AGREEMENT
The Agreement on Trade-Related Investment Measures (TRIMs) of the World Trade Organization (WTO), which came into effect in 1995, raised serious concerns over its impact on the role of transnational corporations (TNCs) in developing economies. Developing countries were particularly concerned over the impact of the removal of local content and foreign exchange regulations on learning and innovat...
متن کاملAn Emerging International Framework for Transnational Corporations
The emergence of the transnational corporation (the “TNC”) as a main engine of global economic activity is a phenomenon characteristic of the post-Second World War period. These corporations revolutionized international business patterns, leading to an unprecedented level of transnationalization of the world economy. The importance of foreign investment and TNC activity in the world economy is ...
متن کاملGlobalisation and Innovation: the Implications of the Irish Miracle
In this chapter we examine the implications of globalisation for innovation policy and corporate strategy. We draw on both the resource-based value (RBV) and competency-based perspectives on the economics of strategy to discuss research into networking, cluster development, and the role of transnational corporations (TNCs) in technology transfer and diffusion. Although researchers in this burge...
متن کامل