Recent developments are challenging the traditional separation between advanced and emerging economies as host of knowledge and production-intensive activities, respectively. Authors assess whether the co-location of R&D and manufacturing is critical for development and innovation.

CONTENTS LIST OF CONTRIBUTORS ACKNOWLEDGEMENTS EDITORS' BIOGRAPHIES EDITORS' INTRODUCTION Case examples: OWNERSHIP AND LOCATION IN THE SMALL DOMESTIC APPLIANCES INDUSTRY: THE DE' LONGHI CASE Diego Campagnolo, Arnaldo Camuffo New Business Models in-the-Making in Extant MNCs: Digital Transformation in a Telco Àngels Dasí, Frank Elter, Paul Gooderham, Torben Pedersen Breaking up Global Value Chains: Evidence from the Global Oil and Gas Industry Andrew Inkpen, Kannan Ramaswamy Global integration strategies in times of crisis - an event study of the impact the Global Financial Crisis has on Turkish subsidiaries' exporting strategies Camilla Jensen Organizational forms: Offshoring, Overshoring and Reshoring:The Long-term Effects of Manufacturing Decisions In the United States Gwendolyn Whitfield Backshoring: Towards International Business and Economic Geography Research Agenda PaweL Capik Tied up and shocked: How relational contracting with suppliers constrains global buyers during an economic crisis Brian Hong, Markus Taussig, Sarah Wolfolds, Kjell Carlsson Towards a Multi-Path Theory of Diversified International Expansion: The Case of Multinational Mobile Network Operators Frank Elter, Svein Ulset Consequences of fragmenting: The Performance Consequences of Manufacturing Outsourcing: Review and Recommendations for Future Research Roger Strange, Giovanna Magnani Global Shift-Back's: A strategy for reviving manufacturing competences Bella Belerivana Nujen, Lise Lillebrygfjeld Halse Industrial district firms do not smile: structuring the value chain between local and global Marco Bettiol, Chiara Burlina, Maria Chiarvesio, Eleonora Di Maria Outward R&D Spillovers in the Home Country: The Role of Reverse Knowledge Transfer Lamia Ben Hamida Walking Before You Can Run: Rethinking the Types of Knowledge, Networks and Institutions Emerging Market SMEs Need to Benefit from GVCs Gerald A. McDermott, Carlo Pietrobelli