Multinational corporations and innovation in emerging markets – the case of China

The Institute of Economics will hold a seminar meeting as part of its Seminar Series on Tuesday, October 11th, 2022: Bruce McKern from the University of Technology Sidney will give a talk on  "Multinational corporations and innovation in emerging markets – the case of China".

Abstract

For many years, and with great emphasis since 1995, China has followed a technology and education-led development strategy. Foreign multinational corporations (MNCs) have played an important role in China’s growth, in developing innovations and contributing to the creation of intellectual capital in China. This talk reviews the role of MNCs in the creation of foreign intellectual capital in China and its transfer to Chinese firms, including incentives and policy implications for indigenous innovation. It also discusses the evolution of MNCs’ research and development (R&D) strategies in China, China’s policies toward attracting foreign intellectual capital, and the changing policy environment. The talk further discusses why and how China is moving from imitation to innovation and tackles China's ambitions for regional and global hegemony and its accumulation of global power.

The seminar will be held in person in Aula 10 - sede centrale.