Using data from patents, citations, inter-sectoral sales and customs, we examine the international diffusion of technology through imports of sectoral knowledge and production inputs. We construct measures of the flow of technology embodied in imports. These measures are weighted by...

I study how the diffusion of market news, firm-specific news, and noise among firms affects stock returns in a global network. I use a structural vector auto-regression to estimate market news, firm-specific news, and noise. To determine global network linkages, I exploit analyst co-coverage....

A few cities perform a high share of research and development (R&D) in the United States. If R&D generates local knowledge spillovers, then the social returns to R&D may vary across cities and the geographic distribution of researchers may be inefficient. Equally important, but less well...

Due to the innovative nature of green-technology products (e.g., electric vehicles and solar panels), customers are usually a priori uncertain about their purchasing benefits and typically consult user experiences via online product reviews and word-of-mouth communications. Despite the critical...

Autonomous systems have been a key segment of disruptive technologies for which data are constantly collected, processed, and shared to enable their operations. The internet of things facilitates the storage and transmission of data and data sharing is vital to power their development. However,...

This paper documents a positive impact of customer innovation on supplier innovation across US sectors. This result is robust with respect to innovations of other firms within the same industry (industry spillovers) as well as within the same regions (geographical spillovers). Our exploration of...

The emerging role of technology raises several management challenges. Beyond the ability to develop new tools and solutions, achieving the business goals on new technologies require capable users on the other side. Understanding the factors of technology acceptance has been appreciated in recent...

Pilot Free Trade Zone (FTZ) is an important initiative for China to continuously deepen reforms and expand openness. Using 273 prefecture-level and above cities in China as the study population, panel data from 2010 to 2019 were selected and a multi-period double difference method with a spatial...