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 …

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 … sourcing FDI, acquisitions from non-leading countries increase internal R&D efforts. -- MNE ; knowledge production function …

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 …

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

knowledge transfers - from high to low productivity firms - between acquirer and target. Using the Melitz (2003) model of … heterogeneous firms, we develop a matching model of cross-border M&As which allows for both perfect and imperfect knowledge … imperfect knowledge transfers. …