Purpose This paper aims to examine whether integration of national markets fosters innovation in the technologically inferior country. Design/methodology/approach The authors examine a simple game theoretic framework where a technologically backward home firm and a technologically advanced...

A rising wage-gap, almost universally, in the last two decades has contradicted the age-old conventional wisdom of asymmetric wage movements across nations when trade is liberalized. We offer an explanation that fits well with the emerging trade pattern between the developed and more advanced...