Abstract
The purpose of this short essay is to reevaluate the current status of local-for-global innovation in the context of research and practice. I confirm that local-for-global innovation is no longer an anomaly among the global innovation practices of multinational corporations (MNCs); rather, examples of this type of innovation abound. Moreover, I show that different types of local-for-global innovation are prevalent in today's global innovation context. Nevertheless, the empirical and theoretical literatures have not reached the stage of being able to effectively capture such complex forms of local-for-global innovation. After noting various limitations of the extant studies on local-for-global innovation, I propose a managerial approach to local-for-global innovation that I feel can make a significant contribution to the field of global innovation research.
