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The automotive industry is a major pillar of the modern global economy and one of Europe’s key industries. There can hardly be any doubt about the important role of this sector as an engine for employment, growth and innovation in Europe, and there are crucial challenges and opportunities ahead. The authors shed light on a broad range of issues – globalisation and restructuring, trade and foreign direct investment, innovation, regulation, and industry policy – and put a special focus on the new member states. While change may be inevitable, progress is not. This book shall serve as a map to all stakeholders: business executives and policy makers, investors and scholars.

Automobile industry and trade --- Motor vehicle industry --- Transportation equipment industry --- Industrial economics --- Motorcars engineering --- auto's --- Europe --- Management. --- Industrial organization. --- Industrial Organization. --- Industries --- Organization --- Industrial concentration --- Industrial management --- Industrial sociology --- Administration --- Industrial relations --- 338.730 --- 338.752.12 --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- Extractieve nijverheid: algemeenheden --- Auto's en fietsen

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The automotive industry is a major pillar of the modern global economy and one of Europe's key industries. There can hardly be any doubt about the important role of this sector as an engine for employment, growth and innovation in Europe, and there are crucial challenges and opportunities ahead. The authors shed light on a broad range of issues - globalisation and restructuring, trade and foreign direct investment, innovation, regulation, and industry policy - and put a special focus on the new member states. While change may be inevitable, progress is not. This book shall serve as a map to all stakeholders: business executives and policy makers, investors and scholars.

Motorcars engineering --- Business policy --- Business management --- industrie --- management --- auto's

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We investigate the effect of R&D subsidies on firms’ innovation by ownership, industry, and firm size using German firm-level data. The impact of R&D subsidies is heterogeneous across industries for multinational corporations (MNCs) and domestic firms while it does not differ substantially by firm size. Domestic firms have a larger response in R&D spending in low-tech manufacturing, knowledge-intensive services, and technological services while the response of domestic and foreign MNCs is broadly similar and is greater in medium-tech and high-tech manufacturing. Foreign MNC subsidiaries’ response in terms of patents is greater than that of domestic MNCs in most industries.

Germany --- 468 Innovatie --- 467.1 Steun aan bedrijven --- Macroeconomics --- Economics: General --- Corporate Finance --- Industries: Manufacturing --- Industries: Service --- Public Finance --- Investments: General --- Business Taxes and Subsidies --- Fiscal Policies and Behavior of Economic Agents: Firm --- Innovation --- Research and Development --- Technological Change --- Intellectual Property Rights: General --- Industrial Policy --- Multinational Firms --- International Business --- Industry Studies: Manufacturing: General --- Industry Studies: Services: General --- National Government Expenditures and Related Policies: General --- Investment --- Capital --- Intangible Capital --- Capacity --- Economic & financial crises & disasters --- Economics of specific sectors --- Multinationals --- Manufacturing industries --- Public finance & taxation --- Transnational corporations --- Economic sectors --- Manufacturing --- Services sector --- Government subsidies --- Expenditure --- Investment policy --- National accounts --- Currency crises --- Informal sector --- Economics --- International business enterprises --- Service industries --- Subsidies --- Saving and investment