TY - CHAP
T1 - The Dual Role of Multinational Corporations in Cluster Evolution
T2 - When You Dance with the Devil, You Wait for the Song to Stop
AU - Østergaard, Christian Richter
AU - Reinau, Kristian Hegner
AU - Park, Eun Kyung
PY - 2017
Y1 - 2017
N2 - This chapter shows that multinational corporations play a dual role in cluster evolution through the case of the wireless communications cluster in Northern Denmark. On the one hand, they bring in resources to the cluster, such as financial resources, technology, knowledge, innovation networks, and access to new markets. On the other hand, they cause changes in local interaction, decision making in firms, and the scope of activities in the value chain. This chapter highlights the positive and negative effects of multinational corporations (MNCs) and makes the claim that greater emphasis should be placed on MNCs when studying cluster evolution.
AB - This chapter shows that multinational corporations play a dual role in cluster evolution through the case of the wireless communications cluster in Northern Denmark. On the one hand, they bring in resources to the cluster, such as financial resources, technology, knowledge, innovation networks, and access to new markets. On the other hand, they cause changes in local interaction, decision making in firms, and the scope of activities in the value chain. This chapter highlights the positive and negative effects of multinational corporations (MNCs) and makes the claim that greater emphasis should be placed on MNCs when studying cluster evolution.
U2 - 10.4324/9781315648712-14
DO - 10.4324/9781315648712-14
M3 - Book chapter
SN - 978-1-138-12368-7
T3 - Regions and Cities Series
SP - 39
EP - 55
BT - Unfolding Cluster Evolution
A2 - Belussi, Fiorenza
A2 - Hervás-Oliver, Jose-Luis
PB - Routledge
CY - London and New York
ER -