Jump to ContentJump to Main Navigation
Show Summary Details

Studies in Business and Economics

3 Issues per year

Open Access
Online
ISSN
2344-5416
See all formats and pricing

EMNCS– Lessons On The Way To An Innovation-based Development. Setting The Backgrounds

Claudia Ogrean
  • Lucian Blaga University of Sibiu, Romania
Published Online: 2015-09-25 | DOI: https://doi.org/10.1515/sbe-2015-0024

Abstract

The main focus of (the two parts of) this article is on the emerging countries and their development paths. Particularly, it emphasizes on the role and contribution of innovation (of all kinds, in all its forms) for multinational companies from emerging economies (EMNC); the entire research endeavor is placed under the auspices of the knowledge-based society - the one that makes knowledge the ultimate source of power, enabling entities to use and potentially multiply it at the same time at global scale. Analyzing the situation of some emerging economies (starting from their best ranked multinationals), the article draws some empirical and theoretical conclusions on the ways knowledge and innovation could become determinants of progress beyond national boundaries.

Keywords: EMNC; Competitiveness; FDI; Innovation; NICI

References

  • Andriessen, D. and Stam, C. (2005), “Intellectual Capital of the European Union”, 7th McMaster World Congress on the Management of Intellectual Capital and Innovation, Ontario, Canada.

  • Azzarello, S. and Putnam, B. (2012), BRIC Country Update: Slowing growth in the face of internal and external challenges. CME Group. 25 July. http://www.cmegroup.com/education/files/ed133-market-insights-bric-2012-8-1.pdf

  • Bontis, N. (2004), “National intellectual capital index: the benchmarking of Arab countries”. Journal of Intellectual Capital, 5(1), 13-39.

  • Bontis, N. (1999), “Managing organisational knowledge by diagnosing intellectual capital: framing and advancing the state of the field”. International Journal of Technology Management, 18(5-8), 433-462.

  • Brown, A., Osborn, T., Chan, J. M., & Jaganathan, V. (2005). Managing intellectual capital. Research-Technology Management, 48(6), 34-41.

  • Centre for Economics and Business Research (CEBR) (2014), World Economic League Table 2015. December 26. http://www.cebr.com/reports/world-economic-league-table-2015/.

  • Choo, C. W., & Bontis, N. (2002), The strategic management of intellectual capital and organizational knowledge. Oxford University Press.

  • Dunning, J.H. (2006), “Towards a new paradigm of development: implications for the determinants of international business”, Transnational Corporations, Vol. 15, No 1, April, pp. 173-227.

  • Edvinsson, L., & Stenfelt, C. (1999), ”Intellectual capital of nations-for future wealth creation”. Journal of Human Resource Costing & Accounting, 4(1), 21-33.

  • Garelli, S. (2008), The new waves in globalization and competitiveness, IDM World Competitiveness Yearbook, http://www.worldcompetitiveness.com

  • Havlik, P. et all, (2009), EU and BRICs: Challenges and opportunities for European competitiveness and cooperation, Industrial Policy and Economic Reform Papers No. 13, Enterprise and Industry Directorate-General, European Commission.

  • Lin, CYY. and Edvinsson, L. (2010), National intellectual capital: A comparison of 40 countries, Springer New York Dordrecht Heidelberg London.

  • Lopes, I. and Martins, M. R. (2006), “The New Business Models in the Knowledge Economy: the Strategic Way to Value Creation”, The Electronic Journal of Knowledge Management, 4(2), 159-168.

  • Malhotra, Y. (2001), ”Knowledge assets in the global economy: assessment of national intellectual capital”. Knowledge management and business model innovation, 8(3), 232-249.

  • Narula, R. and Dunning, J.H. (2009), Multinational enterprises, development and globalisation: Some clarifications and a research agenda. United Nations University - Maastricht Economic and social Research and training center on Innovation and Technology. http://www.merit.unu.edu/publications/wppdf/2009/wp2009-023.pdf

  • Ogrean, C., Herciu, M. (2010), “Changing the Patterns of the Global Economy-the Emergence and Evolution of the BRIC Countries”. Studies in Business and Economics, 5(2), 100-110.

  • Ogrean, C., & Herciu, M. (2010), ”Globalization and the dynamics of competitiveness-a multilevel bibliographical study”. Studies in Business and Economics, 5(1), 126-138.

  • O’Neill, J. (2001), Building Better Global Economic BRICs, in Global Economics Paper No: 66, GS Global Economics Website, available online at http://www2.goldmansachs.com/ideas/

  • Petty, R., & Guthrie, J. (2000), ”Intellectual capital literature review: measurement, reporting and management”. Journal of intellectual capital, 1(2), 155-176.

  • Sirkin, H.L., Hemerling, J.W. and Bhattachrya, A.K. (2008), Globality. Competing with everyone from everywhere for everything, The Boston Consulting Group, Inc., Headline Business Plus, London.

  • Stewart, T. (1999), Intellectual Capital: The New Wealth of Organizations, New York: Currency Doubleday.

  • The Economist (2010), The BRICs. The trillion-dollar club, Apr 15th

  • Ulrich, D. (1998), ”Intellectual capital = competence x commitment”. MIT Sloan Management Review, 39(2), 15.

  • Wilson, D. and Purushothaman, R. (2003), “Dreaming With BRICs: The Path to 2050”, Global Economics Paper No: 99, GS Global Economics, Commodities and Strategy Research.

About the article

Published Online: 2015-09-25

Published in Print: 2015-08-01


Citation Information: Studies in Business and Economics, ISSN (Online) 2344-5416, DOI: https://doi.org/10.1515/sbe-2015-0024. Export Citation

© 2015. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License. (CC BY-NC-ND 3.0)

Comments (0)

Please log in or register to comment.
Log in