Work

Financial dimensions of transnational corporations, global value chain and technological innovation

Year: 2008

Type: article

Abstract: A basic hypthosesis of the paper is that non-financial transnational corporations can be defined as centers with industrial activities, or as “an organisational modality of finance capital”. The increase in financialisation affects the distribution and appropriation of value in the global value chain. The incredible rise in the value of their intangible assets, which adds a layer to financialisation, exerts deep impact on their innovative activities.JEL Codes: L22, L24, L14

Source: Journal of Innovation Economics & Management

DOI: 10.3917/jie.002.0035

Author: Claude Serfati

Institution: Université de Versailles Saint-Quentin-en-Yvelines

Language: English

Topic: Housing, Finance, and Neoliberalism

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: green

OpenAlex ID: W1990142743

FWCI: 8.155

Cites: 58

Cited by: 113

Related to: 10