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R&d Investment of Multinational Corporations and China's Independent Innovation by Wen Xiao, Jiadong Pan, Gaobang Lin

R&d Investment of Multinational Corporations and China's Independent Innovation

by Wen Xiao , Jiadong Pan , Gaobang Lin
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Book cover type: Hardcover
  • ISBN13: 9789811220890
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: World Scientific / Zhejiang University Press,
  • Publisher Imprint: World Scientific / Zhejiang University Press,
  • Publication Date:
  • Pages: 256
  • Original Price: USD 98.0
  • Language: English
  • Edition: N/A
  • Item Weight: 513 grams
  • BISAC Subject(s): Development / Business Development

China has attracted a huge amount of investment in R&D internationalization of multi-national corporations (MNCs), which is playing an important role in its economy. Constrained by natural resources, China has to attach more importance to technological progress and indigenous innovation in order to move beyond the old economic growth model. Technology seems inaccessible to outsiders, which prevents others from doing research in a comprehensive and systematic manner. In this book, technology is regarded as a factor of production that is allocated by MNCs across the world to maximize profits. Such rational economic behavior serves as our entry point to enhance existing theoretical achievements on R&D internationalization.

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