Global or multinational? It matters for innovation - ARCHIVED

The trend towards the globalization of factor, product and financial markets is drawing an increasing amount of attention. Work is underway to develop methodologies and to harmonize among countries data on the economic activities of globally operating corporations. An understanding of their business models, corporate strategies and organizational structures is also needed to gather and, more importantly, interpret information about their innovation activities. This note identifies four main models of globally operating corporations according to their impact on technology transfer and innovation in their host countries.