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Intangible assets as drivers of innovation: Empirical evidence on multinational enterprises in German and UK regional systems of innovation

机译:无形资产是创新的驱动力:德国和英国区域创新体系中跨国企业的经验证据

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摘要

The sources of value creation are increasingly relying on intangible assets (IAs). IAs are the lifeblood of knowledge-intensive industries where the new value added is disproportionally based on specialized, non-repetitious activities. However, while the role of IAs is recognised as central to sustain the competitiveness of firms and innovation systems, the understanding of the mechanisms through which IAs display their effects has not yet been fully grasped. By focussing on the processes through which investments in IAs occur, this paper aims to explore the key dimensions through which two specific IAs - organisational and network capital - are enhanced and contribute to the innovativeness and embeddedness of Multinational Enterprises (MNEs) in regional innovation systems. On the basis of over forty in-depth interviews to leading staff of German and UK flagship MNEs operating in the automotive, life science and ICT sectors, the paper shows that MNEs adopt rather distinctive strategies to develop IAs; that MNE degree of local embeddedness is strictly related to both the kind of IA strategy and the local environment; and that causation mechanisms are at work between MNE embeddedness and regional creation of IAs.
机译:价值创造的来源越来越依赖无形资产(IAs)。 IA是知识密集型产业的命脉,在这些产业中,新的增加值不成比例地基于专门的,非重复性的活动。但是,虽然公认的执行机构的作用对于维持公司和创新系统的竞争力至关重要,但对执行机构展示其作用机制的理解尚未完全掌握。通过着重于对IAs进行投资的过程,本文旨在探索关键维度,通过这些维度,可以增强两个特定的IAs(组织资本和网络资本),并有助于跨国公司(MNE)在区域创新系统中的创新性和嵌入性。在对从事汽车,生命科学和信息通信技术领域的德国和英国旗舰跨国公司的领导人员进行了四十多次深入访谈的基础上,本文表明,跨国公司采用了非常独特的策略来发展IA。 MNE的本地嵌入度与IA策略的类型和本地环境密切相关;而且,多国企业的嵌入性与IA区域创建之间的因果机制正在发挥作用。

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