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EJMBE Guest editorial 28,2 Introduction The importance of innovation is manifest. Recently, a hotter issue is moving to global innovation. Global innovation is highly related to competitive advantage. For example, the ability of multinational corporations to leverage their innovation competencies across globally dispersed subsidiaries is a valuable source of competitive advantage (Mudambi et al., 2007). Companies have managed to integrated a globally innovation chain. They have implemented innovation processes crossing borders that provide these companies new source of competitive advantages (Doz et al., 2004). Many high-tech industries need global innovation to develop multiplying effects. For example, global innovation and markets has dramatically impacted software development (Damian and Moitra, 2006). From other perspective, the rise of smart cities in the globalization of innovation networks generate demand from global technology markets, global innovation, global technology transfer and new product co-development (Komninos, 2009). On the other hand, a basic issue within the field of management concerns the generation, exploitation and sharing of company knowledge (Berry, 2014). A growing body of research addresses how firms can achieve sustainable advantages through using, reconfiguring and extending their knowledge (Cohen and Levinthal, 1990; Eisenhardt and Martin, 2000; Gran, 1996; Kogut and Zander, 1992). The process of
European Journal of Management and Business Economics – Emerald Publishing
Published: Jul 8, 2019
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