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University of Cambridge > Talks.cam > IfM Seminars > Recombination for Innovation: How evolving complementarities between established and emerging multinational firms are shaping global value chains
Recombination for Innovation: How evolving complementarities between established and emerging multinational firms are shaping global value chainsAdd to your list(s) Download to your calendar using vCal
If you have a question about this talk, please contact Jo Griffiths. Registration is required - contact Jo Griffiths for further information - jg393@cam.ac.uk As multinational enterprises (MNEs) from advanced and emerging economies invest in each other’s markets via acquisitions, joint-ventures and collaborative partnerships there are a growing range of opportunities for (re-)combining their respective assets and capabilities to create new ownership advantages. Drawing from survey research on collaborative innovation in partnerships between Western MNEs and Chinese firms, two dimensions of this process and its outcomes will be explored in this talk. First, the degree to which sustained strategic alignment and balanced reciprocity between the partners appears to influence the success of the collaboration. Second, the degree to which the resulting ownership advantages are location-bound (country-specific and non-transferrable) or firm-specific and therefore exploitable globally. Both dimensions have interesting implications for theory and practice. This talk is part of the IfM Seminars series. This talk is included in these lists:
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