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SUMMARY:Recombination for Innovation: How evolving complementarities betwe
 en established and emerging multinational firms are shaping global value c
 hains - Professor Simon Collinson\, Professor of International Business an
 d Innovation at Henley Business School\, University of Reading*
DTSTART:20120921T100000Z
DTEND:20120921T104500Z
UID:TALK39914@talks.cam.ac.uk
CONTACT:Jo Griffiths
DESCRIPTION:As multinational enterprises (MNEs) from advanced and emerging
  economies invest in each other’s markets via acquisitions\, joint-ventu
 res and collaborative partnerships there are a growing range of opportunit
 ies for (re-)combining their respective assets and capabilities to create 
 new ownership advantages. Drawing from survey research on collaborative in
 novation in partnerships between Western MNEs and Chinese firms\, two dime
 nsions of this process and its outcomes will be explored in this talk. Fir
 st\, the degree to which sustained strategic alignment and balanced recipr
 ocity between the partners appears to influence the success of the collabo
 ration. Second\, the degree to which the resulting ownership advantages ar
 e location-bound (country-specific and non-transferrable) or firm-specific
  and therefore exploitable globally. Both dimensions have interesting impl
 ications for theory and practice.
LOCATION:Moller Centre\, Cambridge
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