Towards a new wave in internationalization of innovation? The rise of China's innovative MNEs, strategic coupling, and global economic organization

This paper examines the changes in the internationalisation of innovation created by the recent surge of Chinese innovative firms and the resultant effects on global economic organisation. Drawing insights from the international business, economic geography and development studies literatures, it investigates the rise and internationalisation of Chinese innovative firms from the perspective of strategic coupling, decoupling and recoupling. This novel approach provides a first glimpse into the potential impact of the Chinese innovative firms on global business leadership, power relationships in global value chains and ultimately into global economic organisation.