The Emergence of China and India as New Competitors in MNCs' Innovation Networks

The globalisation of business research and development (R&D) was initially confined to developed countries, primarily to the triad of North America, Western Europe and Japan. Around the turn of the millennium, multinational companies (MNCs) increasingly started to include developing countries in their R&D value chain, with a particular preference for China and India. Based on the scattered yet growing evidence, this paper argues that the...