This book explores the links between the options of world-wide globalisation and European integration which are open to today's corporations, highlighting whether there are conflicts or complementaries between them.

Part I. Patterns of Integration and Globalisation 1. Globalisation, foreign direct investment and innovation: a European perspective François Chesnais and Roberto Simonetti 2. FDI, the pattern of European trade and European competitiveness François Chesnais and Arold Sailleau 3. Cross-border mergers and acquisitions: patterns in the EU and effects Grazia Ietto-Gillies, Meloria Meschi and Roberto Simonetti 4. Profits from foreign direct investment: patterns in EU countries and their implications Grazia Ietto-Gillies Part II. Innovation, Integration and Globalisation 5. Innovation and globalisation: evidence and implications Daniele Archibugi and Simona Iammarino 6. Globalisation of innovatory capacity: the structure of competence accumulation in European home and most countries John Cantwell and Odile Janne 7. Strategic technology alliances by European firms since 1980: questioning integration? Rajneesh Narula 8. Multinationals, domestic firms and the internationalisation of technology: Spain as an intermediate case José Molero 9. Participation by periphery firms in European R&D programmes: the `Low R&D trap' Xavier Vence, Xulia Guntín and Oscar Rodil 10. Developing a European policy framework in the face of globalisation François Chesnais and Grazia Ietto-Gillies

François Chesnais, Grazia Ietto-Gillies, Roberto Simonetti