ITEM METADATA RECORD
Title: Innovative strategic groups in multinational industries
Authors: De Bondt, Raymond ×
Sleuwaegen, Leo
Veugelers, Reinhilde #
Issue Date: Apr-1988
Publisher: Elsevier science bv
Series Title: European economic review vol:32 issue:4 pages:905-925
Abstract: Differences in innovative strategies between groups of domestic and multinational enterprises are analyzed within a two stage game model, that incorporates the asymmetries in transaction costs between the two species of enterprises. Nash and cooperative behaviour is shown to result in different equilibrium R&D strategies, with the multinational companies doing typically more R&D for larger markets and domestic companies focusing on specific market segments. Survey data from companies operating in eleven high-tech multinational industries in Belgium provide support for these strategic differences and show how they are related to company performance.
URI: 
ISSN: 0014-2921
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Department of Managerial Economics, Strategy and Innovation (MSI), Leuven
× corresponding author
# (joint) last author

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