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hardly be any doubt about the important role of this sector as an engine for employment, growth and innovation in Europe, and … restructuring, trade and foreign direct investment, innovation, regulation, and industry policy – and put a special focus on the new … Perspective.- T. Cleff, G. Licht, A. Spielkamp, W. Urban: Innovation and Competitiveness.- T. Cleff, O. Heneric, A. Spielkamp …
Persistent link: https://www.econbiz.de/10002759920
Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically distributed between inventors and investors. As a result,...
Persistent link: https://www.econbiz.de/10012991022
Multinational corporations (MNC) search increasingly for lead market knowledge and technological expertise around the globe. We investigate whether their subsidiaries gain access to these valuable sources of host country knowledge to the same degree as domestic rivals. We develop a theoretical...
Persistent link: https://www.econbiz.de/10012991060