This article provides a theoretical and empirical analysis of the relationship between firms' technical efficiency and the vertical organization of production. Technical inefficiency is explicitly introduced as the source of firms' heterogeneity in a Bertrand--Nash model of industry competition:...

This article provides new insights into the dependence of firm growth on age along the entire distribution of growth rates, and conditional on survival. Using data from the European firms in a global economy survey, and adopting a quantile regression approach, we uncover evidence for a sample of...

The recent increase in R&D offshoring has raised fears that knowledge and competitiveness in advanced countries may be at risk of ‘hollowing out’. At the same time, economic research has stressed that this process is also likely to allow some reverse technology transfer and foster growth at...