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...

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...

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...