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001385840 1001_ $$aEgan, Patrick,$$d1978-$$eauthor.
001385840 24510 $$aGlobalizing innovation :$$bstate institutions and foreign direct investment in emerging economies /$$cPatrick J.W. Egan.
001385840 264_1 $$aCambridge, MA :$$bMIT Press,$$c[2017]
001385840 264_4 $$c©2017
001385840 300__ $$a1 online resource (xx, 291 pages) :$$billustrations
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001385840 337__ $$acomputer$$bc$$2rdamedia
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001385840 506__ $$aAccess limited to authorized users.
001385840 520__ $$aThe impact of host country institutions and policy on innovation by multinational firms in emerging economies. In the past, multinational firms have looked to developing countries as sources of raw materials, markets, or production efficiencies, but rarely as locations for innovation. Today, however, R & D facilities and other indicators of multinational-linked innovation are becoming more common in emerging economies. In this book, Patrick Egan investigates patterns of inward foreign direct investment (FDI) in developing countries, considering the impact of host country institutions and policy on the innovative activities undertaken by multinational firms. He examines the uneven spread of innovation-intensive foreign direct investment and emerging sectoral distributions, then develops a number of arguments about the determinants of multinational innovation in developing countries. Firms are attracted by a country's supply of skilled labor and are often eager to innovate close to new markets; but, Egan finds, host country institutions and the configuration of the host country's investment policies have a strong impact on firm decisions and evolving country investment profiles. Egan uses econometric analysis to identify determinants of multinational innovation, and examines differences among state institutions as a key variable. He then offers a detailed case study, assessing Ireland's attempts to use foreign direct investment in innovation as a catalyst for development. While FDI is a potential vehicle for industrial upgrading, Egan cautions, it is neither necessary nor sufficient for development. Furthermore, innovation-intensive investments are not likely to develop linkages with local actors or otherwise embed themselves in host economies in the absence of active, discriminating policies channeled through coherent and coordinated institutions.
001385840 588__ $$aOCLC-licensed vendor bibliographic record.
001385840 650_0 $$aInternational business enterprises$$zDeveloping countries.
001385840 650_0 $$aPublic institutions.
001385840 653__ $$aECONOMICS/Trade & Development
001385840 653__ $$aECONOMICS/Political Economy
001385840 655_0 $$aElectronic books
001385840 852__ $$bebk
001385840 85640 $$3MIT Press$$uhttps://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/11195.001.0001?locatt=mode:legacy$$zOnline Access through The MIT Press Direct
001385840 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
001385840 909CO $$ooai:library.usi.edu:1385840$$pGLOBAL_SET
001385840 980__ $$aBIB
001385840 980__ $$aEBOOK
001385840 982__ $$aEbook
001385840 983__ $$aOnline