'indigenous company' is a perfectly valid expression in written English.
Generally speaking, it is used to refer to a company that is locally-based or established in the area in which its activities are located. For example, "The small island nation of Palau is home to a vibrant local economy, with several indigenous companies providing essential services to the community."
BANGARRA DANCE THEATRE The Australian indigenous company presents "Awakenings".
The tour business, too, is white-dominated, although there is one highly successful indigenous company, Anangu Tours.
Canada Investing, Too Canada's biggest bailout investment to date is not of an indigenous company, but of the local arm of General Motors.
In manufacturing, for example, foreign-owned firms produce about 40% more per worker than indigenous companies.
Several of the cabinet's decisions on telecoms, including the 25% limit, benefit indigenous companies with ties to its members.
Ireland also needs to rebalance the economy in favour of indigenous companies and reduce reliance on foreign direct investment".
Their presence proved beneficial for indigenous companies as better working practices and more modern technologies spread through industry.In spite of this improvement, serious weaknesses remained.
A key problem was China, where the volume of sales fell by 48% as buyers there shift to smartphones – often running versions of the Android software – made by indigenous companies.
For example, the productivity gap between foreign-owned firms and indigenous companies is smaller in France than it is in Britain, according to Nigel Pain of the National Institute of Economic and Social Research.Another weakness is the miserly commitment to research and development, which has become increasingly important in today's innovation-driven markets.
Using the three cases of the Shanghai Bell, the CIT-led R&D consortium, and indigenous companies such as Huawei, we analyze how the catching-up in the telecommunication industry occurred.
"The common denominator in the U.S. and Asia is the willingness of indigenous companies to embrace the potential of nanotechnology," he says.
