It is commonly believed that innovations are crucial in company's activity. The significance of the role that is assigned to the issue of innovation is confirmed by numerous scientific research studies that indicate the existence of a link between innovativeness and company performance. In terms of the dynamically progressing process of globalization it seems that the relationship between innovation and company performance should be examined in the context of entities participating in international expansion. The process of internationalization may influence the creation of innovations by enterprises and at the same time the achieved results. Despite many literature publications in the field of economics and management, concerning internationalization and innovations, there is a small number of publications describing the influence of internationalization on the innovation activities of enterprises in a comprehensive manner. Likewise, there is no answer to the question on how the innovations created in the process of internationalization influence the results of companies. Due to the identification of a substantial research gap, this book undertakes an attempt at determining the manner in which internationalization affects the process of enterprises creating innovations and ascertaining their impact on company results. The conclusions presented in the book may be used by researchers representing many fields of science and be the subject of interest to the representatives of business practice. In addition, it is one of the few domestic and foreign studies concerning the innovations created in the process of internationalization.

This book explains how Chinese firms are increasingly developing innovative capabilities and engaging in globalization. It focuses on knowledge-intensive and innovative entrepreneurial firms and multinationals, which already are – or are striving to become – world-leaders in their technologies and markets, and which do so by their use of advanced knowledge for innovation as well as their ability to act globally. The book advances related debates in entrepreneurship, innovation management, economic geography and international business.