We study the continuous-time limit of a class of Markov chains coming from the evolution of classical open systems undergoing repeated interactions. This repeated interaction model has been initially developed for dissipative quantum systems in Attal and Pautrat (2006) and was recently set up...

This paper contributes to the current debate in both Economic Geography and International Business on the nature and strategies of Multinational Enterprises MNEs from emerging countries EMNEs. The paper fills a very relevant gap in the existing literature by shedding new light on the location...

We provide a new, concise proof of weak existence and uniqueness of solutions to the stochastic differential equation for the multidimensional skew Brownian motion. We also present an application to Brownian particles with skew-elastic collisions.

Extant research on RD internationalization has not examined how effective foreign RD investments are in generating positive returns for the investing firms, in particular in comparison and conjunction with the effects of domestic RD investments. We examine the effectiveness of international...

In this paper, using the case of seeds, we explore the existence of both new opportunities and new challenges for innovation in Natural Resource Based Industries NRBIs in developing countries. Conventional views construe NRBIs as low tech, with low technological dynamism, little innovation, and...