Foreign subsidiaries of multinational corporations rapidly adopt new technologies, shaping global innovation.
This paper looks at how foreign branches of big companies get into new technologies. They studied 157 branches of Swedish companies from 1893 to 1990. They found that these branches start using new technologies at a steady pace, not too fast or too slow. This supports the idea that foreign branches play a big role in a company's growth, but it also questions the idea that they are becoming more important than the main company.