Does Privatization Affect Internationalization Strategy?

2021 ◽  
Vol 2021 (1) ◽  
pp. 13980
Author(s):  
Zheying Wu
Author(s):  
Alexis Roig ◽  
Jia Liang Sun-Wang ◽  
Juan-Luis Manfredi-Sánchez

Abstract Urban innovation ecosystems are set to play a prominent role in the internationalization and governance of big cities. By harboring solid scientific and technological assets and attracting both human and financial capital, they are best suited to become the pivotal actors of effective multi-stakeholder partnerships between the scientific community, public institutions, the private sector and civil society. In 2018, Barcelona’s knowledge and innovation ecosystem came together to launch a comprehensive diplomatic strategy to put the city’s science and technology at the forefront of global challenges. This paper presents the case study of Barcelona and discuss the opportunities for city-led science diplomacy as a formal, institutionalized practice aimed to reinforcing the insertion of local interests in the international scene while favouring the open interaction between the internal stakeholders involved.


The products and processes complexity, the evolution and the fast obsolescence of technologies, and the difficulties in reaching new geographical or specialized markets oblige the companies to reinforce their strategy at the international level. The objective of this chapter is to show how these operations affect not only the competitive advantages of the firms but also the comparative advantages of the countries. In the literature, several theories and conceptual frameworks exist to explain a firm's internationalization strategy and the influences of different factors that affect the choice of entry. The internationalization logic is the result of a multi-field step. The intensification of internationalization is explained as much by external factors (political-regular and socio-economic conditions, technological context, industrial competing dynamics) and by specific companies factors (positioning, distinctive resources, core competences and innovation, etc.). The global competitive environment varies both by industry and by country.


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