The increasing openness of economies and the phenomenon of globalization has led to know-how and innovation becoming the key factors for business in terms of competitiveness. Thus, the fact that the activities and services are increasingly innovative means that the construction of innovation is...

Global Value Chains (GVCs) provide an important opportunity to become member of the global economy. Gaining access to GVCs and the possibility of developing linkages with major suppliers and customers enables the prospect to upgrade products and production processes via knowledge and...

Internationalization, as both import and export, represents spreading of business activity beyond the local (country) market, allowing small and medium sized enterprise to compete in domestic and foreign markets by lowering costs through accessing new suppliers, and/or by increasing revenue due...

This paper focuses on the role of classifying types of foreign direct investment (FDI) for analyzing the determinants of cross-border investment relationships. We base our investigation on a newly established firm-level data set of German multinational firms and their affiliates in the Czech...

In recent years, firms have considerably decentralized their research and development (R&D) activities. Subsidiaries of foreign multinational enterprises (MNEs) are now among the top performers of R&D in many EU and non-EU countries. Specifically, MNE affiliates account for around 20% of total...

This paper examines the importance of localized knowledge for innovative exporters by observing their embeddedness in regional innovation systems and international knowledge flow by using trade data on openness. The study distinguishes between new competence creation as proxied by patent...