Abstract
The attention of the international business field has increasingly turned towards the globalization of technology, innovation and know-how, with the growing recognition that knowledge has become the key wealth creating asset (Macharzina 2003). Since the late 1970s and early 1980s, there has been a significant change in the thinking on internationalization and multinationals, which has shifted from internationalization as the creation of networks of international trade and production to globalization as the closer integration of those networks, which includes the closer coordination by multinationals of geographically dispersed R&D and other innovative activities (Pearce 1989; Pearce/Singh 1992; Cantwell 1995; Cantwell/Janne 1999b). This international linkage of technological activity through cross-border knowledge flows is playing an ever more important role in the competitiveness of the multinationals (Bart-lett/Ghoshal 1989; Cantwell/Piscitello 2000).
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Cantwell, J., Zhang, Y. (2005). Japan’s R&D Internationalization and its Institutional Environment. In: Oesterle, MJ., Wolf, J. (eds) Internationalisierung und Institution. Gabler Verlag, Wiesbaden. https://doi.org/10.1007/978-3-322-89667-4_12
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DOI: https://doi.org/10.1007/978-3-322-89667-4_12
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