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Corporate Enterpreneurship and Triple Helix

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Multinational Management

Abstract

Triple Helix (TH) is a concept well known, understood, and applied by many Asian Multinationals (AMNC), and it plays an important role for economic growth and regional development. It seems to be influenced by networks and partnerships and their complexity as well. Corporate entrepreneurship (CE) has been widely acknowledged in international literature and practiced as a vital element of business performance. CE mainly relates to a corporate management style that integrates risk-taking and innovative approaches, as well as reward and motivational techniques that are more traditionally thought of as being the province of entrepreneurship. By encouraging innovation and enriching business performance, CE offers great fundamentals for cooperative development between the government, educational institutes, and businesses. In a constantly demanding environment, the dual forces of technological change and globalisation-heightened competition do have an impact on the way how businesses operate. To cope with this, organizations should fully understand the different meanings of CE, at any level, and try to apply it properly to all decisions made in the framework of TH’s cooperation.

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Author information

Authors and Affiliations

  1. International Business School, Hanze University OAS, Groningen, The Netherlands

    Mariusz Soltanifar

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  1. Mariusz Soltanifar
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Correspondence to Mariusz Soltanifar .

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Editors and Affiliations

  1. Hanze University, Haren, The Netherlands

    Rien T. Segers

Appendices

Appendix

Asia Highlights

  • Rapid-growth markets from Asia represent the fastest-growing economic region in the world, with an annual growth forecast at more than 6 % a year.

  • The IMF expects advanced economies to grow by just 1.4 % in 2012 and 2 % in 2013. The corresponding figure for East and Southeast Asia in 2013 is 7.9 %.

  • Since 2000, Asia has been the fastest-growing source of foreign direct investment (FDI). Its businesses currently produce a quarter of the world’s exports (US$3.77 trillion in 2010) and form 87 of the Fortune Global 500 largest firms.

  • FDI outflows from East and Southeast Asia recorded a compound annual growth rate of 22.9 % in 2005–2011, jumping from US$70 billion to US$242 billion.

  • Investors from East and Southeast Asia are major drivers of growth in global foreign direct investment (FDI) outflows, making up 16 % of the world’s total FDI (up from just 7 % in 2005) and driven by increased outflows from mainland China, Hong Kong (SAR), Malaysia, South Korea, Singapore and Taiwan.

  • Intra-regional trade is expanding rapidly, reflecting the shift towards higher consumption in Asia. China leads the way in terms of outflows and destination, with growth for Indonesia, South Korea, Thailand and Vietnam close behind.

  • Trade flows from Asia to the US and Canada, the Middle East, Latin America and Africa are expected to increase by over 10 % a year up to 2020.

  • Cross-border M&A purchases are consuming an ever-larger slice of FDI flows, with purchases from Asia reaching a record US$94 billion in 2010.

  • The China-US trade route is forecast to see the biggest increase in the world, predicted to rise by almost US$700 billion by 2020.

(Ernst and Young 2012)

Notes

Case studies, presented as best practices of the Triple Helix System in the Netherlands, have been limited only to a brief description. For more details, please contact the engaged institutions directly.

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Soltanifar, M. (2016). Corporate Enterpreneurship and Triple Helix. In: Segers, R. (eds) Multinational Management. Springer, Cham. https://doi.org/10.1007/978-3-319-23012-2_15

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