The Internationalization of Business R&D is a welcome addition to the volumes which deconstruct how R&D and innovative activities are driven by country-rspecific, firm-specific and region-specific flows of human resources, investment and collaborations. It is a vivid exhibition with country/region-specific data and references to regulations, along with abundant literature cited at the end of each chapter. While describing the crucial role of tacit knowledge, the cumulativeness of technology, and the spillover effect of R&D units contributing to home and host country's innovative capabilities and economic growth, this book opens up the discussion about how firms' strategies expand their operations for asset seeking and asset exploitation in new emerging markets. The nature of the analysis is descriptive, heavily complemented with cross-country analysis supported by the datasets of OECD, Eurostat, National Statistical Offices, BEA (Department of Commerce), USA and further enhanced by the authors' own calculations.
展开▼
