In accordance with empirical data at an aggregate level it has been debated that the tendency to internationalise corporate technological activity is higher among organizations coming from smaller countries and in less research-intensive industries. Nevertheless, more disaggregated proof on the patenting of the world’s largest companies indicates a far more complex image. First, the share of foreign-located activity (through outward investment) relies positively upon the technological strength of each national group of organizations in an industry, while the share of foreign-owned activity (through inward investment in a host country) might be discouraged by the technological competitiveness of indigenous corporations…..
Innovation continues to be increasingly internationalised during recent decades, and while internationalisation is not itself a new trend the number of large organizations involved, and the significance of the technological activity that is done overseas has significantly increased…..
Source: Copenhagen Business School
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