innovation and international technology transfer in general.  The literature suggests that patent protection in a host country … encourages technology transfer to that country but that its impact on innovation and development is much more ambiguous.  We then …-related technologies.  We conclude that the "double externality" problem, that is the presence of both environmental and knowledge …

Using novel data on European firms, this paper examines the effect of business group affiliation on innovation. We find … that business groups foster the scale and novelty of corporate innovation. Group affiliation is particularly important in … industries that rely more on external finance and have a higher degree of information asymmetry. We also find that the innovation …