Asheim, BjørnVaz, Teresa de Noronha2013-07-242013-07-242009-12http://hdl.handle.net/10400.1/2816As a point of departure it is important that the contemporary phase of globalization, which can best be described as a globalizing knowledge economy, is recognized. The picture is not any longer only characterized by outsourcing/offshoring to developing economies such as China and India of labour intensive production of manufacturing goods and services but increasingly also by offshoring of R&D and innovation. Adding to this situation of an emerging global knowledge economy is investments in R&D organizations in Europe and North America by TNCs from India and China.engbook part