Taranenko I.V. The role of transnational corporations in the global innovation system formation.

Authors

  • Ірина Всеволодівна Тараненко Приватний вищий навчальний заклад «Дніпропетровський університет імені Альфреда Нобеля», м. Дніпропетровськ, Ukraine

DOI:

https://doi.org/10.31498/2225-6725.31.2016.104557

Keywords:

transnational corporations, innovation, R&D, global innovation gap, the global innovation system.

Abstract

The author conducted the analysis of volume dynamics and location by the regions and countries of R&D spending performed by the leading corporations for years 2008-2015. Comparative analysis of the dynamics of countries and regions innovation development allowed to justify the controversial impact of TNCs on the existence of global innovation gap. On the one hand this effect is in a relative reduction of disparities between the developed countries and a limited group of Asian developing countries (China and India) due to the reorientation to these countries substantial flows of R&D expenditure. On the other hand this effect is in the conservation of high development level of "innovation leaders "compared with other regions and countries-outsiders. The author confirmed the hypothesis on the system formation role of transnational corporations in shaping global innovation system through the creation of global innovation networks, location research and development centers of multinational corporations not only in developed countries but also in the developing and the reorientation the corporate investment R&D flows toward these countries. Proved that innovation policy in developing countries, should be based on the activation of their own R&D, infrastructure and information and communication technologies development, the growth of human capital, together with the creation of conditions for placing R&D centers of leading multinational corporations, attracting foreign corporate investment in R&D for the effective inclusion in the global innovation system.

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Published

2016-05-26

How to Cite

Тараненко, І. В. (2016). Taranenko I.V. The role of transnational corporations in the global innovation system formation. REPORTER OF THE PRIAZOVSKYI STATE TECHNICAL UNIVERSITY Section: Economic Sciences, 1(31), 54–62. https://doi.org/10.31498/2225-6725.31.2016.104557

Issue

No. 31

Section

Статті

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Copyright (c) 2019 Ірина Всеволодівна Тараненко

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