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Knowledge Flows, Strategic Motives and Innovation Performance

其他書名	Insights from Australian and New Zealand Investment in Europe
出版	SSRN, 2021
URL	http://books.google.com.hk/books?id=MorczwEACAAJ&hl=&source=gbs_api

註釋We study the international innovation strategies of Australian and New Zealand (ANZ) firms in the European context, to explain their investment motives, knowledge flows and innovation performance. Our thematic analysis of seven case studies suggests that ANZ investors' motives for innovation in Europe are often both market- and knowledge-seeking and that some are also motivated by diversification and cooperation. While the strategic intent is often for the knowledge to flow in multiple directions among subsidiaries and headquarters (HQ), distance poses challenges to the efficiency of the process. European subsidiaries are often seen as potentially playing a key role in firms' global innovation systems, particularly with regards to radical innovation. However, because of distance and communication bottlenecks (e.g., time zone differences), HQ does not always recognise this potential. We develop a model proposing that HQ-subsidiary trust and strategic motives are moderators in the process of international knowledge connectivity and knowledge creation.Full paper available at doi:10.1017/jmo.2020.1.