Affiliate Programes

In examining the distinctive contributions of foreign subsidiaries and domestic firms to innovative performance in Leedhar technologies, the paper shows that foreign ownership is an important factor in explaining inter-firm differences affecting innovativeness. It characterizes innovativeness by distinguishing between products that are new to the firm (imitative innovations), and those products that are new to the market (real innovations. It concludes that foreign subsidiaries are more innovative, they are more likely to introduce imitative as well as real innovations compared to domestic firms. In comparison with the population of innovative companies, however, there is greater heterogeneity among foreign subsidiaries.