This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper … develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production … plants if communication costs impede the access of production plants to headquarter knowledge. The paper assumes that the …

This paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between … complementarities in the knowledge assets of the MNE and the target firm as a reason for FDI. In contrast, consistent with technology …

this idea by discriminating between knowledge ascribable to managers' former job experience and that attributable to their …

present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary … headquarters is, on average, about one percent higher in the knowledge intensity scale. I find no evidence of the knowledge …

one-time knowledge transfer or does it rely on continuous injections of knowledge? To shed light on this question we focus …

endogenous emergence of industry clusters. Spatial variations in knowledge spillovers lead to spatial concentration of more …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …

in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan … of cited patent, which implies that new knowledge faces the largest barriers to diffusion. However, over time, border and … sources of overestimated aggregate border effects of knowledge spillovers. While self-citations are only 11% of total …