Innovation in and from emerging economies: New insights and lessons for international business research

• 成果类型: Editorial Material
• 署名作者: Anand, Jaideep; McDermott, Gerald; Mudambi, Ram; Narula, Rajneesh
• 署名单位: University System of Ohio; Ohio State University; University of South Carolina System; University of South Carolina Columbia; Austral University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Reading
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/s41267-021-00426-1
• 发表日期: 2021
• 页码: 545-559
• 关键词: Emerging economies; INNOVATION; MNEs; Economic development; FSAs; R&D; recombination; alliances

摘要

This article argues that innovation in and from emerging economies is largely shaped by the challenges of sustained catching-up with the advanced economies. Just as firms and industries are constantly seeking to upgrade their technological and organizational capabilities, so too are their societies reconfiguring their institutions and networks to improve their knowledge resources. Such a co-evolutionary process requires IB scholars to draw on interdisciplinary work from the innovation and development literature in order to reconsider the key drivers of innovation at multiple levels within these economies. Innovation is not just limited to technological activities but includes organizational and transactional improvements, and is largely a process of recombination of local and imported knowledge, shared through multiple forms of collaboration. This can redefine the FSAs of local and foreign firms, often shaped by the strategies of domestic public and private actors. Simultaneously, policymakers need to develop the appropriate institutions needed to underpin R&D, training, standards, and knowledge coordination. MNEs play unique roles as instigators of innovation, as conduits for new knowledge, and as beneficiaries themselves, via their own recombination capabilities.