%0 Journal Article %T The importance of transnational corporations in research and development activities in the world %A Chechelski, Piotr %J Jagiellonian Journal of Management %V Tom 3 %R 10.4467/2450114XJJM.17.005.7735 %N Numer 2 (2017) %P 66-75 %K transnational corporations, countries, R&D expenditure, reasons for changes in R&D expenditure in TNCs %D 2017 %U https://ejournals.eu/czasopismo/jagiellonian-journal-of-management/artykul/the-importance-of-transnational-corporations-in-research-and-development-activities-in-the-world %X The study attempts to assess the importance of transnational corporations (TNCs) regarding the research and development (R&D) activities in the contemporary world economy. The scale of this phenomenon can be proved by the comparison of the R&D expenditure of the largest corporations with the expenditure of the leading countries in this field and the analysis of the ranking of TNCs with the highest expenditure on research and development and ranking of the most innovative corporations. The study indicates the causes of changes in R&D expenditure among the largest transnational corporations in the world and attributes of the most innovative ones.