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We develop a general equilibrium model of international trade with heterogeneous firms, where countries can invest into basic research to improve their technological potential. These research investments tighten firm selection and raise the average productivity of firms in the market, thereby...
Persistent link: https://www.econbiz.de/10009315295
The globalization of R&D activities has continued its growth path as companies are increasingly trying to capture …-intensive businesses has led researchers and analysts to pursue a deeper understanding of the globalization of corporate R&D and the … related driving factors and impacts. This introduction to the Special Section: "Globalization and Corporate R&D" forthcoming …
Persistent link: https://www.econbiz.de/10009235214
Current literature on the impact assessment of government innovation subsidies is mainly empirical driven and lacks an … improve the effectiveness of government support for innovation. …
Persistent link: https://www.econbiz.de/10013455877
, in contrast, that σ is affected by both globalization and technology, and that different intensities in these drivers … intertwined linkage among globalization, technology and the elasticity of substitution should be taken into account in any policy … substitution between capital and labor is below unity; that it increases along with the degree of globalization; but it decreases …
Persistent link: https://www.econbiz.de/10011704348
The deterioration of the income and employment position of unskilled workers in the OECD area since the 1980s is a well-documented fact. The debate about the causes of this development is dominated by two competing hypotheses, "North-South Trade" or "globalisation" and technological progress....
Persistent link: https://www.econbiz.de/10011402769
automotive parts industry, is negatively related with propensity to patent innovation. Also, unlike expectations, the InnoBiz …
Persistent link: https://www.econbiz.de/10010470885
Response times are a simple low-cost indicator of the process of reasoning in strategic games (Rubinstein, 2007; Rubinstein, 2016). We leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on...
Persistent link: https://www.econbiz.de/10011607565
We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them … individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information … confirm the predicted trade-off, despite some deviations from theory on the individual level. …
Persistent link: https://www.econbiz.de/10012549435
foreign countries; rather, results point in the direction of more general features of corporate globalization. …
Persistent link: https://www.econbiz.de/10010354622
We analyse how changes in international trade integration affect productivity and the functional income distribution. To account for endogeneity, we construct a leave-out measure for international trade integration for country-industry pairs using international input-output tables. First, we...
Persistent link: https://www.econbiz.de/10014246661