caa a22 4500 445854251 CHVBK 20180317145423.0 cr unu---uuuuu 170323e20110201xx s 000 0 eng 10.1007/s00191-010-0180-6 doi (NATIONALLICENCE)springer-10.1007/s00191-010-0180-6 The innovation performance of MNE subsidiaries and local embeddedness: evidence from an emerging economy [Elektronische Daten] [Paulo Figueiredo, Klauber Brito] We examine the innovation performance of MNE subsidiaries and their embeddedness in sources of local knowledge in a policy framework within the context of an emerging economy. Based on first-hand evidence from multiple case studies, we found that: (1) there was variability between the subsidiaries in terms of the cumulative manner and speed at which they improved their innovation performance over time, using progressively levels of accumulated capability as a proxy; (2) these differences in innovation performance improvement reflected heterogeneity between the subsidiaries in terms of the learning efforts made to acquire knowledge from local organizations; (3) the varied frequency in which the subsidiaries developed such local relationships reflects their differing responses to a common industrial policy that makes use of tax incentives to stimulate such links. The paper reveals the limitations of this conventional type of industrial policy in stimulating industrial development and the embeddedness of MNEs. It also suggests that a new direction for policy, which incorporates public-private negotiations and a focus on the firm-centred building of innovation capabilities, should be pursued in order to accelerate the innovation performance progress of latecomer firms. Springer-Verlag, 2010 MNE-subsidiaries nationallicence Innovation performance nationallicence Capability accumulation nationallicence Local embeddedness nationallicence Learning links nationallicence Figueiredo Paulo Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV), Rio de Janeiro, Brazil aut Brito Klauber Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV), Rio de Janeiro, Brazil aut Journal of Evolutionary Economics Springer-Verlag 21/1(2011-02-01), 141-165 0936-9937 21:1<141 2011 21 191 https://doi.org/10.1007/s00191-010-0180-6 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s00191-010-0180-6 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Figueiredo Paulo Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV), Rio de Janeiro, Brazil aut NATIONALLICENCE 700 1- Brito Klauber Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV), Rio de Janeiro, Brazil aut NATIONALLICENCE 773 0- Journal of Evolutionary Economics Springer-Verlag 21/1(2011-02-01), 141-165 0936-9937 21:1<141 2011 21 191 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer