The Role of Science and Multinationals
Edited by Grazia D. Santangelo
Grazia D. Santangelo This book focuses on the role of public research institutions in helping to promote the processes of technological and economic catch-up in developing areas, and of local policy in fostering local science–technology linkages with incoming foreign-owned multinationals. The underlying idea is that public research, educational and political institutions, as well as private corporations, are key actors in technological and economic processes since they may reinforce (or reverse) local virtuous (vicious) cycles by providing capabilities in basic research, the training of highly skilled labour, and networking connections with scientiﬁc and professional communities (and therefore access to knowledge and contacts) in other parts of the world. Despite being a peculiar feature of the new innovation model of the knowledge-based economy, the close relationship between knowledge transfer, innovation and economic growth has historically been an important mechanism capable of stimulating economic take-oﬀ. Notwithstanding the diﬃculties of identifying the ingredients of successful recipes, a crucial conceptual cornerstone of the book is the belief that public research institutions help to create the conditions required for local knowledge development and a greater capacity for problem-solving in local enterprises through their interactions with other local actors. This view is framed within a speciﬁc understanding of technological change against which the interplay between science and technology, and between multinationals and local actors, as well as catching-up processes, are investigated. In particular, the contributors to this volume share the belief that knowledge is largely excludable and its use partially rivals, rather than...