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We evaluate the impact of basic research on pharmaceutical firms' technological performance, distinguishing between internal basic research and the exploitation of external basic research findings. We find that firms increase their performance by engaging more in internal basic research, in...
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different countries. Although many MNEs still exhibit an important ‘home bias’ in their global innovation activities, a growing … innovation linked to the prior waves of manufacturing offshoring? The fear in OECD economies is that because of co … loss of innovative capabilities (R&D, design, etc.) in the longer-term. The offshoring of R&D and innovation within GVCs …
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