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Is There One Best-Way Of Managing Innovation Across Borders?

Introduction

In the current complexity of markets across the world, innovation in business has remained a critical business development strategy.

Local and international pressures are forcing organizations to focus on innovations as a major strategic approach.

This will enable firms to sustainable competition and changing customer demands in the contemporary business world.

In this case, Multinational enterprises (MNEs) must engage in different ways of managing innovations in order to conquer socio-economic and legal factors that vary from a region or country to another (Piscitello & Rabbiosi, 2004).

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