000			03079cam a22003135i 4500
999			_c28070 _d28041
001			19860943
003			EG-ScBUE
005			20200212145030.0
008			170803t20172017mau f b 001 0 eng d
020			_a9780262037358 (hardcover : alk. paper)
040			_aDLC _beng _erda _cDLC _dDLC _dEG-ScBUE
082	0	4	_a338.8881724 _bEGA _222
100	1		_aEgan, Patrick, _d1978- _eauthor.
245	1	0	_aGlobalizing innovation : _bstate institutions and foreign direct investment in emerging economies / _cPatrick J. W. Egan.
264		1	_aCambridge, Massachusetts : _bMassachusetts Institute of Technology (MIT Press), _c[2017]
264		4	_cc2017
300			_axx, 291 pages ; _c24 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references and index.
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.
650		7	_aInternational business enterprises _zDeveloping countries. _2BUEsh
650		7	_aPublic institutions. _2BUEsh
653			_bBUSECO _cFebruary2020
942			_2ddc _cBB