TY - JOUR
T1 - Global innovation performance
T2 - Strategic challenges for multinational corporations
AU - Fallah, M. Hosein
AU - Lechler, Thomas G.
PY - 2008/3
Y1 - 2008/3
N2 - In the emerging knowledge economy many companies are forced to access globally dispersed technological and market knowledge to maintain their competitive advantage. A conceptual model is presented to analyze the relationship between the globalization of the innovation function and firm performance. Longitudinal data from 10 multinational companies are used to support the proposed model. The analysis concludes that the relationship between global innovation reach and firm performance is concave and time lagged. The results suggest the strategic importance of globalization decisions. The managerial implications are structured in five distinctive strategic challenges to successfully manage global innovation.
AB - In the emerging knowledge economy many companies are forced to access globally dispersed technological and market knowledge to maintain their competitive advantage. A conceptual model is presented to analyze the relationship between the globalization of the innovation function and firm performance. Longitudinal data from 10 multinational companies are used to support the proposed model. The analysis concludes that the relationship between global innovation reach and firm performance is concave and time lagged. The results suggest the strategic importance of globalization decisions. The managerial implications are structured in five distinctive strategic challenges to successfully manage global innovation.
KW - Global competition
KW - Global firm performance
KW - Global innovation reach
KW - Global innovation strategy
KW - Innovation management
UR - http://www.scopus.com/inward/record.url?scp=41949134924&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=41949134924&partnerID=8YFLogxK
U2 - 10.1016/j.jengtecman.2008.01.008
DO - 10.1016/j.jengtecman.2008.01.008
M3 - Article
AN - SCOPUS:41949134924
SN - 0923-4748
VL - 25
SP - 58
EP - 74
JO - Journal of Engineering and Technology Management - JET-M
JF - Journal of Engineering and Technology Management - JET-M
IS - 1-2
ER -
