Cookies?
Library Header Image
LSE Research Online LSE Library Services

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

Kramer, Jan Philipp, Marinelli, Elisabetta, Iammarino, Simona and Diez, Javier Revilla (2011) Intangible assets as drivers of innovation: empirical evidence on multinational enterprises in German and UK regional systems of innovation. Technovation, 31 (9). pp. 447-458. ISSN 0166-4972

Full text not available from this repository.

Abstract

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.

Item Type: Article
Official URL: http://www.elsevier.com/wps/find/journaldescriptio...
Additional Information: © 2011 Elsevier
Library of Congress subject classification: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Sets: Departments > Geography and Environment
Research centres and groups > Spatial Economics Research Centre
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 28 Jul 2011 15:26
URL: http://eprints.lse.ac.uk/37661/

Actions (login required)

Record administration - authorised staff only Record administration - authorised staff only