Keller, Wolfgang; Yeaple, Stephen R - C.E.P.R. Discussion Papers - 2009
How large are spatial barriers to transferring knowledge? We analyze the international operations of multinational … firms to answer this fundamental question. In our model firms can transfer bits of knowledge to their foreign a¢ liates in … either embodied (traded intermediates) or disembodied form (direct communication). Knowledge transfer costs interact with the …