Showing 1 - 10 of 262
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 …
Persistent link: https://www.econbiz.de/10013315933
notable impact on possibly multiple firms' internationalization. Exploiting a rich panel data set, the paper thoroughly tests … this idea by discriminating between knowledge ascribable to managers' former job experience and that attributable to their …
Persistent link: https://www.econbiz.de/10012912671
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 …
Persistent link: https://www.econbiz.de/10013020512
This paper analyses the development of the ratio of corporate taxes to wage taxes using a simple political economy model with internationally mobile and immobile firms. Among other results, our model predicts that countries reduce their corporate tax rate, relative to the wage tax, either when...
Persistent link: https://www.econbiz.de/10012780459
We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting …
Persistent link: https://www.econbiz.de/10012853739
organizations in the Netherlands during 1993-2006. We compare the patterns of knowledge utilization (represented by backward patent … citations) and knowledge dissemination (represented by forward patent citations) and obtain evidence of inter- or intra-firm and … inter- or intra-industry knowledge spillovers. In the context of effective competition and innovation policies we advocate …
Persistent link: https://www.econbiz.de/10013316210
Incumbent firms have two basic possibilities to improve their competitive position in the product market: investment in R&D and the creation of entry barriers to the disadvantage of potential rivals, e.g. through lobbying activities, campaign contributions, bribes or the adoption of incompatible...
Persistent link: https://www.econbiz.de/10013317107
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 …
Persistent link: https://www.econbiz.de/10012913272
one-time knowledge transfer or does it rely on continuous injections of knowledge? To shed light on this question we focus …
Persistent link: https://www.econbiz.de/10013030495
interdependence - the hallmark of globalization - per se does not justify interventionist harmonization unless increased …
Persistent link: https://www.econbiz.de/10014194175