Technological globalisation or national systems of innovation?

Technological innovation is said to be breaking down borders. The internet, the explosion of globalised financial markets, the increased foreign direct investment by transnational corporations—all are portrayed as creating a global market in which the nation state is little more than an anachronism....

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Main Authors: Archibugi, D, Michie, J
Format: Journal article
Language:English
Published: Pergamon 1997
Subjects:
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author Archibugi, D
Michie, J
author_facet Archibugi, D
Michie, J
author_sort Archibugi, D
collection OXFORD
description Technological innovation is said to be breaking down borders. The internet, the explosion of globalised financial markets, the increased foreign direct investment by transnational corporations—all are portrayed as creating a global market in which the nation state is little more than an anachronism. And yet some economies have been more innovative and dynamic than others, and there seems no reason to believe that these differences in national economic performance will become a thing of the past. On the contrary, with a global market, any competitive advantage will bring larger rewards. So government action to enhance firms' competitive advantage becomes more important, not less. It is within this context that technological globalisation is analysed in this paper. The question is whether such globalisation spells the end of the nation state. The answer is no.
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spelling oxford-uuid:c2f42860-97c8-4119-b397-48d94e3cca5d2022-03-27T06:12:51ZTechnological globalisation or national systems of innovation?Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:c2f42860-97c8-4119-b397-48d94e3cca5dEconomicsInternational businessEnglishOxford University Research Archive - ValetPergamon1997Archibugi, DMichie, JTechnological innovation is said to be breaking down borders. The internet, the explosion of globalised financial markets, the increased foreign direct investment by transnational corporations—all are portrayed as creating a global market in which the nation state is little more than an anachronism. And yet some economies have been more innovative and dynamic than others, and there seems no reason to believe that these differences in national economic performance will become a thing of the past. On the contrary, with a global market, any competitive advantage will bring larger rewards. So government action to enhance firms' competitive advantage becomes more important, not less. It is within this context that technological globalisation is analysed in this paper. The question is whether such globalisation spells the end of the nation state. The answer is no.
spellingShingle Economics
International business
Archibugi, D
Michie, J
Technological globalisation or national systems of innovation?
title Technological globalisation or national systems of innovation?
title_full Technological globalisation or national systems of innovation?
title_fullStr Technological globalisation or national systems of innovation?
title_full_unstemmed Technological globalisation or national systems of innovation?
title_short Technological globalisation or national systems of innovation?
title_sort technological globalisation or national systems of innovation
topic Economics
International business
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AT michiej technologicalglobalisationornationalsystemsofinnovation