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MNCs, Clusters and Varieties of Innovative Impulse

In: Innovation and Institutional Embeddedness of Multinational Companies

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  • Philip Cooke

Abstract

Multinational companies are crucial actors in a global knowledge-based economy, combining the advantages of global and locally coordinated production and innovation strategies with specific regional and national factors. This book questions how MNCs can best exploit institutionally embedded knowledge, explores the utilization of external institutionally embedded knowledge in corporate innovation processes, and addresses the challenges of embeddedness.

Suggested Citation

  • Philip Cooke, 2012. "MNCs, Clusters and Varieties of Innovative Impulse," Chapters, in: Martin Heidenreich (ed.), Innovation and Institutional Embeddedness of Multinational Companies, chapter 5, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14459_5
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    References listed on IDEAS

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    8. Nelson, Richard R., 2008. "What enables rapid economic progress: What are the needed institutions," Research Policy, Elsevier, vol. 37(1), pages 1-11, February.
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