This paper aims at identifying the knowledge transfer processes developed among R&D units and the competencies that are locally created to earn power by knowledge within these global innovation networks. Te paper’s empirical section is grounded on two multinationals with R&D units in Portugal, one from a Norwegian electronic multinational and another from a Spanish automotive component multinat...

This paper addresses the role that foreign vs. domestic ownership of companies plays for governments in asymmetric countries’ competition for a multinational’s subsidiary. I argue that equilibrium subsidies as well as a foreign investor’s location decision in policy competition between these countries critically depend on the ownership structure of incumbent firms. This shows that small countri...