Technologies to mitigate climate change may diffuse from green lead markets to the rest of the world through a number of market mechanisms, thereby contributing importantly to the global green transformation. An established body of literature has shown that multinational enterprises (MNEs) transfer technology globally through investment-centered value chains, as firms seek to exploit knowledge in foreign subsidiaries. The Global Value Chain (GVC) literature proposes that lead firms tend to keep strategic innovation activities in headquarters located in lead-markets and only distribute the non-strategic innovation activities. In other words, cutting-edge innovation capability tends to remain in home countries, whereas only incremental innovation occurs in host country subsidiaries. 

The section welcomes contributions about:

·      Green Foreign Direct Investments

·      Sustainability in Global Value Chains

·      Sustainability in MNEs strategies

·      The role of GVC in promoting green innovation

·      Green innovation in MNEs