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. Moreover, MNCs’ innovation portfolio follows countries’ comparative advantage across technology classes, with applied …This paper provides an integrated analysis of multinational companies’ global production and innovation. We establish … of production, basic innovation and applied innovation, under asymmetric complementarities across these three activities …
Persistent link: https://www.econbiz.de/10015326180
Recent contributions on offshoring often assume that firms can freely split their production process into separate steps which can be ranked according to the cost savings from producing abroad. We replace this assumption by the notion of a technologically determined sequence of production steps....
Persistent link: https://www.econbiz.de/10003808676
countries can simultaneously use patent boxes and R&D subsidies to promote innovation. We show that when countries set their tax … policies unilaterally, innovation is fostered, at the margin, only by the R&D subsidy. The patent box tax rate is instead …
Persistent link: https://www.econbiz.de/10012304080
interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be …
Persistent link: https://www.econbiz.de/10012263851
tasks of different complexities across countries with different levels of IPR protection. The analysis studies the decision … down outsourcing into two types by distinguishing whether or not they involve technology sharing between the two parties … technology-sharing-outsourcing IPRs promote outsourcing of more complex goods to a destination country by guaranteeing the …
Persistent link: https://www.econbiz.de/10010199759
Multinational enterprises are often accused to have a preference for investing in countries in which the working populations' civil and political rights are largely disregarded. This paper presents an empirical investigation of the popular political repression boosts FDI hypothesis and arrives...
Persistent link: https://www.econbiz.de/10011397998
Using a panel of Spanish manufacturing firms covering the 1990-2017 period, I document new evidence about affiliates of multinational enterprises (MNEs): after being acquired, they exhibit a higher propensity to use robots, which leads to a reduction in their labor share. These effects are...
Persistent link: https://www.econbiz.de/10015077751
Global firms have a higher share of female employees than domestic non-exporters. To explain this fact, this paper tests whether international trade and FDI are channels through which norms regarding gender (in)equality are transmitted from customers and investors to firms. We employ pooled...
Persistent link: https://www.econbiz.de/10015323395
The diffusion of automation technology raises questions about the future of work, leading to calls for policy … interventions. The ongoing debate centers on the decisions made by technology adopters. In this paper, I study supply … automation technology, where a few multinational enterprises (MNEs) dominate sales. To evaluate how these MNEs respond to policy …
Persistent link: https://www.econbiz.de/10015145035
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/10003301170