The proces of NIS internationalization and the involvement of corporate foreign subsidiaries
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Abstract
The article discusses the problems associated with the process of internationalization of national innovation systems in open economies, and the role which play in this process multinational corporations through their subsidiaries. Based on own study, the author proves, that cross-border corporate activity is a key factor in stimulating innovation in the economy of the country, which hosts foreign corporation branch. Here are described the mechanism of this process, which is a new phenomenon discussed in the scientific circles. A number of recommendations concerning the foreign corporations activities, as well as the innovation policy of the host country, are presented at the end of the article.
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